Daily Market Analysis

The market is likely going to test the nearest resistance at 1.1695, which could be a starting point for another decline...

It's likely to have a bullish correction in the coming hours. The main intraday target is the closest resistance at 1.3253 - 1.3277...

It's likely to have a correction during the day. Even so, the price is going to continue declining afterwards...

On H1, EUR/USD is near the convergence area (88.6% target of a “Shark”). This increases the risks of a pullback towards 23.6%, 38.2% и 50% of the wave CD. Use the correction for selling.

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

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

USD/CAD broke resistance level 1…

USD/CHF broke daily down channel Next buy target - 1…

Wednesday and Thursday were important days for the greenback and the single currency because of Central Bank’s meetings.

The main intraday target is the next support at 109.54. If a pullback from this level happens little later on...

There's no any reversal pattern so far, which means the market is going to test the upper 'Window'...

On the daily chart of USD/JPY, bulls made an attempt to bring the pair to May high in order to trigger AB=CD with a target at 200%.