Daily Market Analysis

Wave [ii] might have been formed like a zigzag. In this case, we're likely going to have an upward impulse in wave (a) soon...

There's a bearish "Harami" at the last high. Therefore, the pair is likely going to test the 21 Moving Average in the short term...

There's no any bearish pattern, which means the price is going to test the nearest resistance. If a pullback from this level happens...

Recommendation: BUY 0…

Expanding bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen; the prices are under the strong resistance near 113.50/60 and the market is overbought.

Bearish Ichimoku Cloud, rising Senkou Span A; a cancelled golden cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; the prices in a cloudy area but there is a strong support on 1.3380.

It's likely that the market is going to reach the closest support at 1.3336 - 1.3319. If a pullback from this area arrives afterwards...

The EUR/AUD pair is consolidating the price action below the 78…

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...