Daily Market Analysis

On the daily chart of AUD/USD, after the pair reached 88.6% target of the “Shark” pattern, it rebounded to 23.6%, 38.2% and 50% of the CD wave within its transformation to 5-0.

Bearish Ichimoku Cloud, but rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with a rising Kijun-sen

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

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

NZD/JPY reversed from support zone Next buy target - 77…

In recent weeks, the Canadian dollar has been highly volatile…

The main intraday target is the upper 'Window' (109.80). A pullback from this level could be a starting point for another decline...

There's a bullish 'Hammer', which has been confirmed. Therefore, the market is likely going to achieve the upper 'Window'...

Bulls faced with resistance at 1.3344, so there's a 'V-Top' pattern. Nevertheless, the pair is going to test the next resistance...

It's likely that the market is going to test the next resistance at 1.1762 - 1.1799, which could be a departure point...

On the daily chart of EUR/GBP, bulls are ready to get the pair out of the 0.8700-0.8825 consolidation range (a “ledge”) within the ‘Spike and ledge” pattern on the basis of 1-2-3.

On H1, the inability of bulls to return EUR/USD inside the downtrend channel or break resistance at 1.1715, will increase the risks of getting to 161.8% target of the “Shark”.