Daily Market Analysis

Bullish Ichimoku Cloud with rising Senkou Span A and B; a new golden cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen.

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

EUR/NZD broke resistance zone Next buy target - 1…

GBP/NZD reversed from support area Next buy target - 1…

Don’t you know what to trade? Trade oil!

The market is likely going to continue declining. The main intraday target is the next support at 1.1500...

The main intraday target is the next support at 1.3150 - 1.3120. A pullback from this area could be a departure point for...

Previously, the last 'Flag' pattern has been broken. In this case, the pair is likely going to test the next support area...

On the daily chart of GBP/USD, bears managed to fight off the bullish attack at resistance at 1.3455 and start their own advance. The pair triggered AB=CD pattern. Its 200% target is at 1.2870.

On the daily chart of USD/CHF, an advance to May high will trigger AB=CD pattern with a target at 224% and increase the odds of the pair getting to the target of “Wolfe waves” pattern.

Bearish Ichimoku Cloud with falling Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen.

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