Daily Market Analysis

EUR/JPY has been consolidating losses below the 200 SMA at H1 chart and it looks like the pair could travel towards the 50% Fibonacci level at 130…

In the world of free trade, trade wars became a rare event…

There's a bullish "Harami", so we could have a local upward correction in the short term...

The price is likely going to test the closest resistance, which could be a departure point for a downward correction...

Recommendations: BUY 0…

Recommendation: BUY 0…

Bearish Ichimoku Cloud with horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with horizontal lines; the market had entered into the channel Tenkan-Kijun and may correcting to the Kijun’s levels.

Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a cancelled dead cross of Tenkan-sen and Kijun-sen with horizontal lines; the market testing the Cloud’s resistance.

The USD/CHF pair has been trading in a corrective phase since March 1st session and it seems the 50% Fibonacci zone could be a key pivot point during the week ahead…

It's likely that the pair is going to test the Moving Averages. If a pullback from these lines happens little later on...

The price faced with resistance at 1.2319, so there's an opportunity to have a bearish correction towards...

EUR/CAD broke resistance level 1…