Daily Market Analysis

On the daily chart, EUR/USD bulls are ready to trigger “Shakeout-Fakeout” pattern.

AUD/CAD falling inside minor impulse wave 5 Next sell target - 0…

GBP/AUD broke key resistance level 1…

The Brazilian real is the third Emerging Market currency that has shown the biggest depreciation against the US dollar since the beginning of 2018.

If the 89 Moving Average acts as support, there'll be a moment to wave an upward price movement in the direction of...

The market is likely going to test the 34 MA (1.1499), which could be a starting point for an advance towards 1.1671...

The market is likely going to test the next support at 1.2811 - 1.2773 within the next few hours. If a pullback from this area happens next...

The main intraday target is nearest support at 1.1529 - 1.1508. A pullback from this area could be a departure point for...

USD/JPY recovered from an important support level at 109.9 (38.2% of the long-term descending wave) and inspired bulls for counterattack.

On the daily chart, EUR/JPY pulled back to 50% of the wave CD after reaching 88.6% target of the “Bat”.

Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen.

Narrow bearish Ichimoku Cloud with falling Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen but narrowing channel Tenkan-Kijun.