Daily Market Analysis

The market is likely going to test the 89 Moving Average during the day. If a pullback from this line happens little later on...

EUR/GBP reversed from support area Next buy target - 0…

USD/JPY broke resistance level 112…

There isn't any reversal pattern so far. In this case, the market is likely going to continue moving up until...

The pair is likely going to continue declining towards the nearest support, which could be a departure point for a bullish correction...

The price is likely going to test the nearest resistance at 1.3549 - 1.3569. If a pullback from this area happens...

The main intraday target is the nearest support at 1.1712 - 1.1695. If a pullback from this area happens, we could have...

Expanding bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen, with rising lines; the prices are under strong resistance and the market is overbought.

Bearish Ichimoku Cloud with falling Senkou Span B; a dead cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; the prices made a new lows, but the market is oversold and expected a correction to Tenkan-sen.

Recommendation: SELL 0…

Recommendation: SELL 1…

EUR/USD is still consolidating losses below the 50 SMA at H1 chart and the support zone of 1…