Daily Market Analysis

On the daily chart, USD/JPY is trading within an uptrend channel. Bulls remain in control of the situation.

On the daily chart of EUR/JPY, a successful break below the lower border of the 129.15-132.15 consolidation range will trigger AB=CD pattern with a target at 200%.

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

Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen...

The US Dollar has been extending the bullish bias above the 200 SMA at H1 chart, but the resistance level of 93…

The bears are increasingly strengthening in the Bitcoin and the 200-hour moving average is guiding the short-term path, so this gives rise to see more weakness in the coming days, taking into account also that the moving average of 50 hours is exercising…

EUR/USD broke support level 1…

EUR/CHF broke support area Next sell target - 1…

March election in Italy created a stir as the right-wing Eurosceptic party “League” and the left-wing anti-establishment Five Star Movement got a majority in a Parliament…

A pullback from the 34 MA could be a starting point for another bullish rally in the direction of the upper 'Window'...

The price is likely going to test the next support area within the next few hours...

It's likely that the pair is going to achieve the closest support at 1.3396 - 1.3380 soon. A pullback from this area could be a starting point for...