Daily Market Analysis

There's no any reversal pattern, so we should keep an eye on the 89 Moving Average, which could act as resistance...

The price is likely going to test the closest support during the day. If any bullish pattern forms little later on...

The pair found support at 1.3876, so we could have a bullish price movement towards the nearest resistance at 1.3918 - 1.3928...

The market is likely going to test the nearest support at 1.2275 - 1.2234. If a pullback from this area happens little later on...

Recommendation: BUY 1…

Recommendation: BUY 1332 SL 1317 TP1 1362 TP2 1385 TP3 1400 On the daily chart of XAU/USD, bulls are trying to keep the pair inside the uptrend channel and don’t lose hope for reaching 127…

Narrowing bearish Ichimoku Cloud with falling Senkou Span B; a golden cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen; the market is supported by Kijun-sen and the prices rising to Senkou Span B.

Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising lines; the prices are above the support of Senkou Span B.

EUR/CAD reversed from key support level 1…

AUD/CAD reversed from powerful support level 1…

The pair is consolidating the price action around the 200 SMA at H1 chart across the board and it’s facing a strong demand zone that could help to push it higher towards new highs…

The double bottom that has been formed in the Bitcoin H1 chart is still intact and is helping to supply enough demand to see a bullish continuation in the short term…