Daily Market Analysis

Narrowing bullish Ichimoku Cloud with rising Senkou Span B; a new weak dead cross of Tenkan-sen and Kijun-sen; the market is on the strong support of Senkou Span B.

Narrowing bearish Ichimoku Cloud, rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the prices are returned into negative area, but the Bears can’t maintain the downtrend.

AUD/USD was one of the pair which posted strong gains across the board, with the Australian Dollar gaining momentum above the 0…

GBP/JPY reversed from resistance area Next sell target - 147…

AUD/CAD broke resistance area Next buy target - 0…

There's a bullish "Hammer", which hasn't been confirmed yet. So, the pair is likely going to test the nearest Moving Average...

The pair is likely going to test the upper "Window" during the day. If a pullback from this level happens...

The market is likely going to decline towards the nearest support at 1.3386 - 1.3369. This area could be a departure point for...

There's a "V-Bottom" pattern. It's likely that the market is going to reach the closest resistance at 1.1814 in the coming hours...

Bearish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; the prices are under strong resistance of 0.7680.

Expanding bullish Ichimoku Cloud, rising Senkou Span A; a new golden cross of Tenkan-sen and Kijun-sen, with rising Tenkan-sen; the prices are above the Cloud and on the support of Senkou Span A.

Recommendation: BUY 0…