Daily Market Analysis

Bearish Ichimoku Cloud with horizontal Senkou Span A and B; a weak goldean cross of Tenkan-sen and Kijun-sen with horizontal lines; the prices are on the weak Kijun’s support.

Bullish Ichimoku Cloud with rising Senkou Span A; a cancelled golden cross of Tenkan-sen and Kijun-sen; a market is overbought and under the strong resistance of 0.8030.

USD/CHF falling inside minor impulse wave 3 Next sell target - 0…

EUR/USD rising inside minor impulse wave 5 Next buy target - 1…

Background The United Kingdom always was a separate part of the European Union and there was not a shock when it decided to leave it…

We're likely going to have wave [v] of 5 shortly. The main intraday target is 6/8 MM Level...

There's a bullish "Doji", which has been confirmed enough. Also, we've got a bullish "Three Methods" pattern, so...

The market is likely going to test the 34 Moving Average in the short term...

The main intraday target for GBPUSD is the closest support at 1.3765 - 1.3730...

The market is likely going to test the nearest support area at 1.2129 - 1.2080...

Why is it important for traders to know the priority industries of countries whose currencies they trade and take into account such events as the Global Dairy Trade (GDT), for example? Let’s look at New Zealand…

Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but narrowing channel Tenkan-Kijun; the market is in correction phase.