Daily Market Analysis

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

The oil market is unstable in the environment of trade wars, increasing US oil output, and other negative geopolitical factors…

If a pullback from the Moving Averages forms afterwards, bulls are likely going to test the upper 'Window'...

The market is likely going to continue moving up towards the nearest resistance in the short term...

There's a 'Double Bottom' pattern, which has been confirmed. Therefore, bulls are likely going to test the next resistance area...

It's likely that the market is going to test the nearest resistance at 1.2299 - 1.2314. If a pullback from this area happens...

Recommendations: BUY 0…

Recommendations: SELL 0…

Cancelled bearish Ichimoku Cloud with rising Senkou Span A and B; a cancelled dead cross of Tenkan-sen and Kijun-sen with rising lines; the market had returned to positive zone and may continue uptrend from the Senkou Span A’s levels.

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…