Daily Market Analysis

Narrow bearish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; the prices tested the Cloud’s upper border and can’t breakout it to positive area.

Expanding bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen, rising Tenkan-sen; the market corrected into the channel of Tenkan-Kijun and will supported by Kijun-sen.

The 21 Moving Average is likely going to act as support. If so, we could have just another decline little later on...

The market is likely going to test the "Window" and the 34 MA. If a pullback from these levels happens, we could have a correction...

The main intraday target is the nearest support at 1.3298 - 1.3278. If a pullback from these levels happens...

The market is likely going to decline towards the nearest support at 1.1879 - 1.1859. If a pullback from these levels happens little later on...

CAD/CHF broke support area Next sell target - 0…

CHF/JPY falling inside minor impulse wave (iii) Next sell target - 112…

There is a strong bearish path in the AUD/CAD pair, according to our projections in the H4 chart…

Recommendation: BUY 0…

We could have wave (ii). The main bearish target is 6/8 MM Level, which could be a departure point for another bullish rally...

Recommendation: BUY 0…