Daily Market Analysis

The price is likely going to test the nearest resistance area at 1.3944 - 1.3979. At the same time, if we see a pullback from these levels...

It's likely that the pair is going to test the 89 Moving Average in the short term. If a pullback from this line happens little later on...

Recommendation: BUY 0…

Recommendation: BUY 0…

Expanding bearish Ichimoku Cloud with falling Senkou Span A and B; the cancelled dead cross of Tenkan-sen and Kijun-sen and the lines are horizontal; the market had returned to resistance of Tenkan-sen and Kijun and may continue the downtrend.

Bearish Ichimoku Cloud with horizontal Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen but the lines are horizontal; the prices are in the correction to Kijun-sen.

This week was shaking for the cable…

Recommendation: SELL 0…

Recommendation: SELL 1…

The pair is likely going to test the next support area because of there's no any reversal pattern so far...

The price is likely going to continue declining towards the next support in the coming days...

The main intraday target is the next support at 1.3834 - 1.3741. Meanwhile, if a pullback from this area happens...