Daily Market Analysis

Narrowing bearish Ichimoku Cloud with falling Senkou Span B; a dead cross of Tenkan-sen and Kijun-sen, but narrowing channel of the lines; the market is in correctional movement to the Cloud.

Narrow bearish Ichimoku Cloud with falling Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen, but the narrowing channel Tenkan-Kijun; the prices keeps staying inside a Cloud and the channel Tenkan-Kijun.

The marker is likely going to reach the 21 Moving Average. If a pullback from this line happens little later on...

Bulls are likely going to test the upper "Window". If this level acts as resistance, bears will probably try to test the next support area...

We should keep an eye on the nearest support at 1.3915 as an intraday target. If a pullback from this level happens afterwards...

The pair is likely going to test the closes support at 1.2355 - 1.2325. However, if a pullback from these levels arrives little later on...

Recommendations: SELL 0…

Recommendations: BUY 0…

Narrow bearish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; the prices are entered into the cloudy area and will may test the Kijun’s support.

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 prices are returned to the support of the Kijun-sen.

We've got a bullish "Harami", which hasn't been confirmed yet. So, it's likely to have an upward correction in the short term...

The market is likely going to test the 21 Moving Average. If a pullback from this line happens little later on...