Daily Market Analysis

The Bitcoin again managed to consolidate the price action below the 200-hour moving average and the support offered by the Fibonacci level of 123…

The 55 Moving Average acted as resistance. Therefore, we're going to have a bearish correction towards the closest support...

The price is rising. However, there's an opportunity to have a downward correction. In this case, if a pullback from the closest support...

The market is likely going to achieve the nearest resistance area. A pullback from it could be a departure point for a decline towards...

It's likely that the market is going to test the upper 'Window', which could be a starting point for another decline...

A successful test of the lower border of the 1.2730-1.2920 consolidation range with the following renewal of May high opens the way up to 127.2% target of AB=CD.

Recommendation: SELL 1311 SL 1326 TP1 1281 TP2 1272 TP3 1250 SELL 1280 SL 1295 TP1 1250 TP2 1244 On the daily chart of USD/XAU, bulls have to break resistance at 1302…

Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; the prices are reached the main daily resistance on 111.50 and the market is overbought now.

Expanding bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen, but narrowing channel Tenkan-Kijun; the market inside a Cloud and the prices growing to SSB’s resistance.

AUD/USD has been gaining momentum across the board and the price action is consolidating well above the 200 SMA at H1 chart…

During the weekend we could observe an erratic price action around the 200-hour moving average, where Bitcoin is trying to consolidate above in order to gain positions and resume the upward trend…

AUD/CAD broke key resistance level 0…