Daily Market Analysis

There's a 'V-Top' pattern, so the market is likely going to test the 89 MA. A pullback from this line could be a starting point for...

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

Bearish Ichimoku Cloud, but horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with narrow channel Tenkan-Kijun.

GBP/CAD rising inside minor impulse wave 3 Next buy target - 1…

GBP/AUD broke resistance level 1…

Thursday mixed economic data didn’t let the US dollar index to break the psychological level at $95.

If a pullback from the 34 Moving Average happens little later on, bulls are likely going to test the upper 'Window'...

We had a 'Shooting Star'. In this case, the pair is likely going to test the next support at 1.1449...

The main intraday target is the next support at 1.3120 - 1.3082, which could be a starting point for a bullish correction...

A pullback from 1.1509 - 1.1478 could be a departure point for a bullish correction towards the nearest resistance...

On the daily chart of USD/JPY, bears are still hoping on the formation of the “Bat” in case of a break below the lower border of the uptrend channel.

On the daily chart, EUR/JPY bulls are counting on the break of the upper border of the descending trend channel and advance to 88.6% target of the “Shark” pattern.