Daily Market Analysis

NZD/CHF broke support zone Next sell target - 0…

NZD/USD reversed from resistance level 0…

There's a bullish 'High Wave' pattern. In this case, the market is likely going to test the upper 'Window' in the coming hours...

There's a bullish 'Three Methods', so the market is likely going to reach the 55 Moving Average. If this line acts as resistance...

It's likely that the market is going to test the closest support at 1.3549 - 1.3531 within the next few hours...

There's a broken 'Pennant', so the market is likely going to test the next resistance at 1.2025 - 1.2031 in the short term...

Recommendations: BUY 0…

Recommendation: BUY 0…

Bearish Ichimoku Cloud with horizontal Senkou Span A and B; a cancelled dead cross of Tenkan-sen and Kijun-sen with horizontal lines; the continue testing the Cloud’s resistance.

Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with the rising lines; the market breaking out the SSA’s resistance and entered into the cloudy area.

During the last few days, NZD/USD has been recovering from the broad-based weakness seen in the week, now consolidating gains slightly above the 50 SMA at H1 chart…

The 34 Moving Average acted as support so that we could have a local bullish correction. Nevertheless, the pair is likely going to...