We've got a local 'V-Top', so we could have a local bearish correction during the day. Even so, we should keep an eye on...
Daily Market Analysis
On the daily chart of AUD/USD, bulls still hope to implement the “Wolfe waves” pattern.
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.