A successful test of the lower border of the 1.2730-1.2920 consolidation range with the following renewal of May high opens the way up to 127.2% target of AB=CD.
Daily Market Analysis
Recommendation: SELL 1311 SL 1326 TP1 1281 TP2 1272 TP3 1250 SELL 1280 SL 1295 TP1 1250 TP2 1244 On the daily chart of USD/XAU, bulls have to break resistance at 1302…
Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; the prices are reached the main daily resistance on 111.50 and the market is overbought now.
Expanding bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen, but narrowing channel Tenkan-Kijun; the market inside a Cloud and the prices growing to SSB’s resistance.
AUD/USD has been gaining momentum across the board and the price action is consolidating well above the 200 SMA at H1 chart…
AUD/CAD broke key resistance level 0…
AUD/JPY broke resistance zone Next buy target - 85…
There's no any reversal pattern so far, which means the market could continue moving up in the coming hours...
We should keep an eye on the lower 'Window' as the next intraday target. A pullback from this level could be a starting point for...
The main intraday target is the next support at 1.3380 - 1.3344. A pullback from these levels could be a starting point for...
The price faced with support at 1.1717, so there's a 'Thorn' pattern. In this case, the pair is likely going to test the nearest resistance...
On the daily chart, NZD/USD reached 88.6% target of the “Bat”. This increases the possibility of a pullback to 23.6%, 38.2% and 50% of the wave CD.