The market is likely going to test the next resistance at 1.1762 - 1.1799. A pullback from this area could be a departure point for...
Daily Market Analysis
Recommendation: BUY 1…
The inability of bulls to overcome resistance at 23.6% of the wave 4-5 and lead the pair out of the descending trade channel points at their weakness.
Bearish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen.
Expanding bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising Kijun-sen.
AUD/CAD rising inside intermediate impulse wave (3) Next buy target 0…
GBP/AUD broke support area Next sell target - 1…
A pullback from the 'Window' could be a departure point for a decline towards the Moving Averages...
If a pullback from the 55 Moving Average happens next, there'll be time for a decline towards the nearest support at 1.1680...
The pair is likely going to test the 34 Moving Average in the short term. If a pullback from this line arrives little later on...
If a pullback from the closest support at 1.1679 - 1.1661 happens in the coming hours, there'll be an opportunity to have...
On the daily chart of NZD/USD, after the pair reached the 88.6% target of the “Bat” pattern, it rebounded to 23.6%, 38.2% and 50% of the CD wave.