Bullish Ichimoku Cloud, horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen, with horizontal lines; a market is overbought, but the prices are on the support of Tenkan and Kijun.
Daily Market Analysis
Expanding bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; a market is overbought.
EUR/JPY reached buy target - 136…
NZD/USD broke resistance zone Next buy target - 0…
The main intraday target for EURUSD is the closest resistance area at 1.2080 - 1.2129...
Bulls are likely going to test the next resistance at 1.3595 - 1.3612 in the coming hours...
It's likely that wave [iii] is about to end, so we're likely going to have a bearish correction towards 2/8 MM Level...
GBP/JPY reversed from resistance zone Next sell target - 150…
AUD/CHF reversed from support area Next buy target - 0…
USD/CHF remains weak across the board and stays strong with a bearish consolidation below the 200 SMA at H1 chart…
GBP/AUD stays alive in the bearish trend held since several days ago, consolidating its price action below the 200 SMA at H1 chart, which is also offering a dynamic resistance in the pair across the board…
CHF/JPY rising inside impulse waves 3 and (3) Next buy target - 116…