On the daily chart, USD/CHF keeps consolidating in the 0.9855-0.9995 range within the previous uptrend channel.
Daily Market Analysis
Bearish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising lines.
Narrow bullish Ichimoku Cloud and falling Senkou Span A; a cancelled dead cross of Tenkan-sen and Kijun-sen.
USD/JPY reversed from support zone Next buy target - 113…
CAD/JPY broke resistance level 85…
It's likely that the market is going to reach the nearest resistance at 111.88 in the coming hours. This level could be a starting point for...
The main intraday target is the next resistance at 1.1775. A pullback from this level could be a starting point for...
It's likely to have a bearish correction towards the nearest support at 1.3127 - 1.3112. This area could be a departure point...
The main intraday target is the next resistance at 1.1767 - 1.1790. A pullback from this level could be a starting point for...
It’s not a secret that the New Zealand dollar has been suffering a lot.
On the daily chart, USD/CAD keeps fighting for 1.3055. If bulls win, the pair will likely go towards the lower border of the uptrend channel.
On the daily chart, after XAU/USD had reached 88.6% target of the “Shark” pattern there was a natural pullback. Bears are counting on the decline to the 113% target.