Daily Market Analysis

Recommendations: BUY 1…

Expanding bullish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen with falling Tenkan-sen; the market made new local lows, but it’s extremely oversold.

Expanding bearish Ichimoku Cloud with falling Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with falling Tenkan-sen and Kijun-sen; the prices are on new local lows, but the market is ovesold.

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

EUR/NZD broke resistance level 1…

GBP/CHF is looking to resume the bullish bias across the board, following a fall held since April 18, where a resistance area has been established around 1…

The Bitcoin continues to point north, in an attempt to consolidate the price action in favor of the bulls…

Eased geopolitical and trade tensions led to the rise of the US dollar and the decline of the Japanese yen…

It's likely to have a local downward correction towards the Moving Averages during the day...

We could have a local upward correction. Even so, the pair is likely going to test the nearest support little later on...

The pair found support at 1.3928, so there's a consolidation, which is taking place on the four-hour chart...

The pair is likely going to reach the closest resistance at 1.2233 - 1.2254. However, if a pullback from this area happens little later on...