Daily Market Analysis

On H1, bulls get ready to break the resistance at 0.6825.

Bearish Ichimoku Cloud, but horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen, but narrowing channel Tenkan-Kijun.

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

GBP/USD reversed from support zone Next buy target - 1…

EUR/GBP reversed from resistance zone Next sell target - 0…

The pair is likely going to reach the nearest support at 1.2957 - 1.2938 in the short term. This area could be a starting point for...

It's likely that the market is going to test the next support at 1.1574 - 1.1543 soon. A pullback from this area could be

On the daily chart of EUR/GBP, after a plenty of attempts, bulls have managed to pull the pair out of the upper boundary of the 0.87-0.89 consolidation.

On the daily chart of EUR/USD, the downward triangle is forming.

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

Expanding bullish Ichimoku Cloud with falling Senkou Span A; a new dead cross of Tenkan-sen and Kijun-sen, but horizontal lines.

CAD/JPY reversed from resistance zone Next sell target - 84…