Daily Market Analysis

We've got a 'Shooting Star', so the market is likely going to test the Moving Averages soon...

There's a 'V-Top' pattern, so the market is likely going to test the closest support at 1.3344 - 1.3380...

The pair is likely going to test the Moving Averages shortly. Meanwhile, if a pullback from these lines happens little later on...

On the daily chart of NZD/USD, bulls managed to pull the pair out of the downward channel.

On the daily chart of AUD/USD, bulls failed to return the pair to the long-term upward channel.

Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising Kijun-sen.

Narrowing bearish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen.

USD/CAD reversed from resistance zone Next sell target - 1…

AUD/USD reversed from resistance area Next sell target - 0…

There's no any bullish pattern so far. If we see one little later on, there'll be an opportunity to have an upward correction...

The lower 'Window' acted as support, so we're likely going to have a local upward correction in the direction of the closest resistance...

It's likely to have an upward correction in the short term. If a pullback from the nearest resistance...