Daily Market Analysis

Bullish Ichimoku Cloud, but there is a falling Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with narrowing channel of Tenkan-Kijun; the market had returned to the Cloud but supported by Senkou Span B.

Expanding bearish Ichimoku Cloud with falling Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen, but narrowing channel of Tenkan-Kijun; the prices are corrected to Kijun’s support and now may continue the existing downtrend bounced from the lines.

GBP/USD is trading inside a bearish correction across the board and it managed to do a crossover between the 50 and the 200-hour moving average, which is helping to boost the bears to the downside…

The bears are not giving up in terms of price action in Bitcoin, also invalidating the hypothesis we had raised with the Fibonacci retracement projected in the H1 chart…

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

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

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…