In-depth technical & fundamental analysis for currencies & commodities
Expanding bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising lines; the prices are made a new highs and corrected to the support of Tenkan-sen.
Recommendation: BUY 133…
EUR/AUD broke resistance zone Next buy target - 1…
AUD/CHF rising inside minor C-wave Next sell target - 0…
USD/JPY has been strongly bearish across the board, looking to test new lows…
The US dollar index (DXY) declined below 93…
There's developing wave 5 of (C). Previously, we had an extension in wave 3. Therefore, the last high is likely going to be broken soon...
There isn't any bullish pattern so far. However, we could have a local upward correction, but bears are likely going to continue to push...
The lower "Window" is likely going to act as support. If a pullback from this level arrives afterwards, we could have another bullish...
There's a "Thorn", so the price is likely going to test the next resistance at 1.3182 - 1.3238. If a pullback from these levels happens...
The market is likely going to continue moving up towards the closest resistance at 1.1804 - 1.1836 during the day...
Recommendation: BUY 1…
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