Daily Market Analysis

We could have a local upward correction in the coming hours. Even so, bears are likely going to reach the next support...

On the daily chart, after reaching 88.6% target of the “Shark”, it’s transforming into 5-0. A pullback from 23.6% of the wave CD allowed to form short positions.

On the daily chart, USD/CAD bulls are trying to lead the pair out of 1.272-1.3 range within “spike and ledge”.

On the daily chart of NZD/USD, there is a 0.6855-0.6975 consolidation within the long-term downtrend.

Expanding bearish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen

Narrowing bullish Ichimoku Cloud with falling Senkou Span A; a cancelled golden cross of Tenkan-sen and Kijun-sen

NZD/CAD broke resistance area Next buy target - 0…

NZD/CHF reversed from support zone Next buy target - 0…

Gold has been struggling to consolidate above the 200 SMA, following a strong offer zone found in the Fibonacci level of 50% at 1303…

The bulls and bears took a break in Bitcoin, although the bearish trend was dominant over the past week…

On Monday, May 28, Brent has slumped to $75 a barrel, WTI has declined to $66.70.

The pair is likely going to achieve the 89 Moving Average, which could act as support...