USD/JPY: dollar made new lows
Expanding bearish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen; the market made new lows, but there is a strong support on 111.00.
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
AUD/USD: aussie will test upper border of Cloud
Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a new golden cross of Tenkan-sen and Kijun-sen, rising Tenkan-sen; the prices are entered into the Cloud.
USD/JPY: bulls were fed to the shark
Recommendation: BUY 111…
EUR/JPY: bears showed weakness
Recommendation: BUY 132…
EUR/USD: another pullback from 4/8 MM Level
Wave [ii] might have been formed. In this case, we're likely going to have an upward impulse in wave [iii]...
USD/JPY: "Tweezers" led to decline
The pair is likely going to test lower "Window" in the short term. If a pullback from this level happens, we could have an upward correction...
EUR/USD: "Window" acted as support
the market is likely going to continue moving up until any reversal candle model forms...
GBP/USD: three bullish "Thorns" in a row
The main target is the next resistance at 1.3336 - 1.3370. If a pullback from these levels happens, there'll be an option to have...
EUR/USD: bullish "Diamond" pattern
The pair faced with resistance at 1.1821, so we could have a bearish correction in the direction of the nearest support...
USD/CHF broke support area
USD/CHF broke support area Next sell target - 0…
USD/JPY broke support area
USD/JPY broke support area Next sell target - 110…
EUR/NZD targeting the demand zone at 1.7015
The pair has been trading in a bullish tone since November 9th but currently it’s off from November 17th highs and we can expect that it finds dynamic support in the 200 SMA…
