Daily Market Analysis

The price is likely going to test the upper "Window" soon. If a pullback from this level, there'll be a moment to have a local decline...

Bulls are likely going to achieve the next resistance area in the short term...

The market is likely going to reach the closest resistance at 1.4344. If a pullback from this level happens afterwards...

The main intraday target is the next resistance area at 1.2493 - 1.2537, which could be a departure point for a bearish correction...

Recommendations: SELL 110…

Recommendation: BUY 136…

Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a cancelled dead cross of Tenkan-sen and Kijun-sen, the lines are horizontal; the prices have grown to the bottom border of the Cloud.

Bullish Ichimoku Cloud with falling Senkou Span A; a new dead cross of Tenkan-sen and Kijun-sen with falling lines; a market in correctional movement and entered into the cloudy area.

CHF/JPY broke major resistance level 116…

NZD/JPY reversed from support zone Next buy target - 81…

Gold has been trading in a negative tone across the board and remains capped by the 200 SMA at H1 chart…

There isn't any confirmed bullish pattern, so the pair is likely going to continue moving lower towards the next "Window"...