Daily Market Analysis

NZD/CHF reversed from support zone Next buy target - 0…

AUD/CHF reversed from support zone Next buy target - 0…

The Chinese yuan continues to depreciate…

On Tuesday, the US dollar index couldn’t break the psychological level at $95 again and turned to the support at $94.50.

If we have another pullback from the closest resistance at 110.99, there'll be a moment for a decline...

The pair is likely going to test the next resistance at 1.1701. A pullback from this level could be a departure point for another decline...

There's a 'Double Bottom', so the market is likely going to test the next resistance at 1.3203 - 1.3253...

The main intraday target is the next resistance at 1.1720. A pullback from this level could be a departure point for...

On the daily chart of USD/CAD, the formation of the senior and junior AB=CD patterns provoked a pullback in line with the “Three moves” pattern.

On the daily chart of XAU/USD, the short-term downtrend continues in line with the formation of a “Double top”, AB=CD and a “Widening wedge”.

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

Expanding bearish Ichimoku Cloud with falling Senkou Span A; a cancelled golden cross of Tenkan-sen and Kijun-sen.