Expanding bearish Ichimoku Cloud with falling Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with extremely falling lines.
Daily Market Analysis
The consumer inflation in Turkey increased to 24…
There's a bearish 'Evening Star', so the price is likely going to test the next support at 1.1433 within the next few hours...
The market is likely going to test the nearest resistance at 1.3032 - 1.3055 and the Moving Averages...
Narrowing bullish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen but the lines are horizontal.
Bearish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen with falling Kijun-sen.
Asian currency market suffers tough times.
We've got no any reversal pattern so far. In this case, after a short break, the pair is likely going to reach the next support...
We've got a 'Thorn' pattern, which pushed the price lower. In this case, it's likely that the market is going to reach the closest support...
Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen but the lines are horizontal.
Narrowing bullish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen with falling lines.
Let’s dive into NZD trading.