Daily Market Analysis

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…

The pair is likely going to test the next resistance area in the short term...

The market is likely going to test the nearest support area, which could be a departure point for an upward price movement...

The price is testing Moving Averages. The main intraday target is the nearest resistance at 1.3915. If a pullback from this level happens...

The market is likely going to test the next resistance at 1.2384 - 1.2445. If a pullback from this area happens little later on...

Expanding bearish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen; the prices are supported by Senkou Span A but the Bears looks strong.

Narrow bullish Ichimoku Cloud with horizontal Senkou Span A and B; a cancelled golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the prices returned into the Cloud and supported by Cenkou Span A.

Recommendations: BUY 0…

Recommendation: BUY 0…

USD/CHF remains strong across the board and stays well-consolidated above the 200 SMA at H1 chart…

During the weekend we were able to observe something important for the Bitcoin price action: support…

El GBP/JPY se está recuperando desde el 2 de Marzo en un intento por continuar con el sesgo bajista general…