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.
Daily Market Analysis
Expanding bearish Ichimoku Cloud with falling Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen, but the prices are had entered into the negative area.
CAD/JPY broke resistance level 83…
GBP/CAD broke support zone Next sell target - 1…
WTI Oil is facing a strong support zone around the Fibonacci level of 65% at 62…
Trade wars tensions are creating a high volatility in the FX market…
If a pullback from the closest support forms in the coming hours, bulls are likely going to deliver a new local high...
The market is likely going to continue declining in the direction of the lower 'Window'...
The pair is likely going to test the closest support at 1.3982 - 1.3228. Meanwhile, if a pullback from this area forms little later on...
If the 55 MA acts as resistance, bears will probably try to test the closest support at 1.2233...
Recommendations: BUY 107…
Recommendations: BUY 0…