Daily Market Analysis

There's no any reversal pattern so far, which means we should keep an eye on the next resistance at 111.46 as...

The main intraday target is the next support at 1.1677. If we have a pullback from this level, there'll be a green light for...

It's likely that the pair is going to reach the closest resistance at 1.3291 - 1.3314. This area could be a starting point for...

The main intraday target is the 89 Moving Average, which could be a departure point for another bullish rally...

On the daily chart, USD/CAD keeps forming “Three moves” pattern as well as “Spike and reversal with acceleration”.

On the daily chart, XAU/USD pulled back after reaching 224% and 88.6% targets of AB=CD and “Double top”.

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

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

The 55 MA is likely going to act as support. A pullback from this line could be a departure point for a bullish price movement...

We could have just a local downward correction. Meanwhile, a pullback from the nearest support at 1.1758 could be a starting point for...

The pair is likely going to test the next resistance at 1.3370 - 1.3397. If a pullback from these levels happens next...

However, there's a 'V-Top', so the market is likely going to test the nearest support at 1.1744...