Daily Market Analysis

The price is likely going to test the 89 Moving Average. This line could be a departure point for...

The main intraday target is the next support at 1.3408 - 1.3386. Meanwhile, if a pullback from this area happens...

All the Moving Averages have been broken. The main intraday target is the next support at 1.1814, which could be a departure point for...

Recommendation: SELL 112 SL 112…

Recommendation: BUY 134 SL 133…

Narrowing bullish Ichimoku Cloud with horizontal Senkou Span A and B; a cancelled golden cross of Tenkan-sen and Kijun-sen; the prices are entered into the Cloud, but supported by Senkou Span B.

Narrowing bearish Ichimoku Cloud, rising Senkou Span A; a cancelled dead cross of Tenkan-sen and Kijun-sen with rising lines; the prices are returned to the positive area and may go higher.

NZD/USD has been strong across the board, rallying above the 200 SMA at H4 chart…

EUR/NZD broke support area Next sell target - 1…

GBP/USD reversed from support area Next buy target - 1…

The upper "Window" has acted as resistance, so there's a confirmed bearish "Harami"...

We could have a local bearish correction during the day, but bulls are likely going to reach the 144 MA afterwards...