Daily Market Analysis

Finally, the opportunity has arrived that the bulls have been waiting for several days and the Bitcoin managed to break the resistance in 6926 and now we are seeing that the level of 7586 is serving as a barrier of contention for buyers in the short term…

The market is likely going to reach the upper 'Window' in the coming hours...

The pair is declining. It's likely that the price is going to continue declining until any bullish pattern forms...

We're likely going to have a decline in the direction of the closest support at 1.4171. A pullback from this level could be...

The market is likely going to test the 89 Moving Average in the short term. A pullback from this line could be a departure point for...

Recommendation: SELL 106…

Recommendations: SELL 132…

Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a cancelled dead cross of Tenkan-sen and Kijun-sen, but falling Kijun-sen; the prices are on the Cloud’s support.

Narrowing bearish Ichimoku Cloud with falling Senkou Span B; a new golden cross of Tenkan-sen and Kijun-sen; the bulls testing the Senkou Span B’s resistance.

USD/CHF is waiting for a fresh bullish catalyst that trigger buy orders at the current stage, as it’s hovering very close to the Fibonacci level of 50% at 0…

The bulls had a chance to take a break, as the price of Bitcoin traded slightly higher during the session on Wednesday, currently moving around the 200-hour moving average, which has historically served as dynamic resistance in the short term…

CHF/JPY reversed from resistance zone Next sell target - 110…