Daily Market Analysis

Expanding bearish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen with falling Kijun-sen; the prices corrected to Kijun-sen after supporting by 1.2200 and downtrend may continue.

There is an interesting price action in the GBP/USD pair across the board, as the 200 SMA at H1 chart is moving into the Fibonacci area of 50% at 1…

The bearish pressure remains in the Bitcoin, although during the April 5 session we did not see major changes in the price structure…

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

GBP/USD reversed from support zone Next buy target - 1…

The price is likely going to test the upper 'Window'. However, if a pullback from this level happens afterwards...

The pair is likely going to test the next support pretty soon. If a pullback from this area happens little later on...

It's likely that the market is going to test the 34 Moving Average soon. A pullback from this line could be a departure point for a decline...

The pair is likely going to test the 34 Moving Average in the coming hours. Meanwhile, if a pullback from this line happens little later on...

Recommendation: SELL 0…

Recommendation: SELL 1…

Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; the market is overbought and under the strong daily resistance.