Daily Market Analysis

The main intraday target is the 89 Moving Average, which could be a starting point for a decline towards another support...

The main intraday target is the nearest support at 1.1627. A pullback from this level could be a starting point for another upward price...

On the daily chart, GBP/USD keeps forming a “Spike and reversal with acceleration”.

On the daily chart of USD/CHF, a break of the lower levels of a triangle and the uptrend channel allowed bulls to seize the initiative and form a “Spike and ledge”.

Narrowing bearish Ichimoku Cloud with horizontal Senkou Span A and falling Senkou Span B.

Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen.

GBP/CHF broke support zone Next sell target - 1…

USD/CAD broke support zone Next sell target - 1…

How often do you check the weekly and monthly charts? Do you do this for many currency pairs? Whatever you are doing, you can certainly do more! Let’s have a look at some interesting long-term charts…

On August 28, the CAD reached the highest level against the USD since the beginning of June 2018.

The market is likely going to test the closest support at 110.80. A pullback from this line could be a starting point for another...

The price is likely going to test the next resistance at 1.1756, which could be a departure point for a downward correction...