Daily Market Analysis

EUR/JPY reversed from support area Next buy target - 126…

In the recent days, the US dollar index reached the highs of July 2017.

We should keep an eye on the closest support at 1.2705 - 1.2665 as the next bearish target...

There's no any reversal pattern so far. So, the market is likely going to test the next support at 109.92...

We had an 'Engulfing', which led to the current decline. The main intraday target is the next support at 1.1304...

USD/TRY opened the week with the gap up and rose to a new record high abive 7.00.

The main intraday target is the next support at 1.1312. If a pullback from this level happens next, there'll be a moment to have...

Today we will have a look at the currency of the third-largest Southeast Asian economy – Malaysian ringgit.

Bears managed to pull AUD/USD below the lower consolidation range of 0.732-0.7470 (a ledge) within the “Spike and ledge” pattern.

NZD/USD retested the neckline of the “Head and shoulders” and then went below the lower border of the 0.6710-0.6850 consolidation range.

Bearish Ichimoku Cloud with horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with horizontal lines.

Expanding bearish Ichimoku Cloud with falling Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with fallings lines.