Daily Market Analysis

The price is approaching the upper 'Window', which could be a departure point for a bearish correction...

There's no any reversal pattern so far, which means we should keep an eye on the nearest support area...

The pair is likely going to test the next support at 1.3964 - 1.3928. This area could be a starting point for a bullish price movement...

The market is likely going to test the next support at 1.2214 - 1.2205. A pullback from this area could be a departure point for..

Recommendation: SELL 0…

On the daily chart of NZD/USD, the inability of bulls to keep the pair above the upper border of the 0.7185-0.735 consolidation range signaled their weakness and triggered the “Shakeout-Fakeout” pattern.

Extremely narrowing bullish Ichimoku Cloud with falling Senkou Span A; a new dead cross of Tenkan-sen and Kijun-sen; the market is under the Cloud, but it’s oversold right now – waiting for the correction.

Expanding bearish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen with falling Tenkan-sen and Kijun-sen; the market had returned to negative area, but on the main daily support levels.

AUD/USD was smashed near the Fibonacci level of 61…

The Bitcoin has managed to break the highs of the session on April 15 and it seems that the outbreaks would be set at the Fibonacci level of -23…

AUD/USD reversed from resistance zone Next sell target - 0…

NZD/CHF reversed from resistance area Next sell target - 0…