Daily Market Analysis

The price is still consolidating in a range of the developing 'Triangle'. The main intraday target is the next support...

On the daily chart, USD/JPY is fighting for an important level of 111.65 (50% of the long-term descending wave).

On the daily chart, EUR/JPY pulled back after reaching 78.6% target of a Gartley pattern.

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

Narrowing bullish Ichimoku Cloud with falling Senkou Span A; a weak golden cross of Tenkan-sen and Kijun-sen with falling Tenkan-sen.

NZD/CAD broke support level 0…

AUD/CAD falling inside wave (2) Next sell target - 0…

We've got a 'Three Methods' pattern, so the market is likely going to test the upper 'Window' at 112.27. A pullback from this level could...

There's an opportunity to have a local upward correction. So, we should keep an eye on the nearest resistance...

It's likely that the market is going to test the closest resistance at 1.3157 - 1.3172. This area could be a starting point for...

The pair is going to test the nearest support at 1.1679 - 1.1661. If a pullback from these levels happens next...

GBP/USD bulls are trying to lead the pair out of the descending channel, push it above resistance at 1.3215 and move higher towards the target of “Wolfe waves”.