We could have a bearish correction towards the nearest support area at 1.3430, which could be a departure point for another bullish rally...
Daily Market Analysis
The main intraday target is the next resistance at 1.1975 - 1.2003. If a pullback from this area happens little later on...
Recommendation: BUY 0…
Recommendation: BUY 113…
Bearish Ichimoku Cloud, horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen, with horizontal lines; the prices are under strong resistance of 1.3460.
Expanding bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising lines, but the market is on the 5W-highs and expected a correction.
EUR/AUD broke support area Next sell target - 1…
AUD/USD broke resistance area Next buy target - 0…
NZD/USD has been trading in a consolidation phase slightly below the 200 SMA at H1 chart and remains supported by the Fibonacci zone of 38…
The pair is likely going to continue moving up in the coming hours...
The market is likely going to test the upper "Window" in the coming hours...
Bulls are likely going to test the next resistance at 1.3419 - 1.3430. If we have a pullback from these levels...