Daily Market Analysis

Expanding bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the prices are on the support of Kijun-sen.

Expanding bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen, but narrow channel Tenkan-Kijun; the bulls can’t breakout the Senkou Span B’s resistance.

GBP/USD has been taking the flag in favor of the bulls in the short-term, as the price action is showing a strong consolidation above the 50 SMA at H1 chart, which also points to the upwards across the board…

The bullish consolidation in Bitcoin remained alive during the Friday session and we could see that there was a break in the resistance level of 7586, now support…

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

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

It's likely that the upper 'Window' is going to act as resistance in the coming hours...

If the 144 Moving Average acts as support, there'll be an opportunity to have another upward price movement...

There's a new local high. It's likely that the pair is going to test the nearest resistance at 1.4314 - 1.4344...

The market is likely going to test the closest resistance at 1.2346 - 1.2358. Meanwhile, if a pullback from this area forms...

Recommendation: SELL 0…

Recommendation: SELL 1…