Daily Market Analysis

We could have a local correction in the short term. Nevertheless, there's an opportunity to have another decline afterwards...

We've got a bullish 'Three Methods' pattern, so the pair is likely going to reach the closest resistance area in the coming hours...

The main intraday target is the nearest resistance at 1.4144, which could be a departure point for a downward price movement...

The price is testing the 89 Moving Average. If this line turns out to be broken, we should keep an eye on the nearest resistance...

Recommendation: SELL 0…

Recommendation: SELL 1…

Bullish Ichimoku Cloud, but the lines Senkou Span A and B are horizontal; a correctional dead cross of Tenkan-sen and Kijun-sen; the prices entered inside a Cloud and can test the support of Senkou Span B.

Narrowing bullish Ichimoku Cloud with falling Senkou Span A; a correctional dead cross of Tenkan-sen and Kijun-sen with the falling Tenkan-sen; the market had corrected to the Cloud and keep staying on its support.

USD/CAD is looking for a clear direction in the short-term, as the price action comatose around the Fibonacci level of 23…

There is a strong selling pressure on Bitcoin, which has managed to fracture below the 7586 support…

EUR/GBP reversed from support zone Next buy target - 0…

GBP/CAD reversed from resistance area Next sell target - 1…