Daily Market Analysis

Recommendation: SELL 1…

Bearish Ichimoku Cloud, falling Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen, falling Tenkan-sen and Kijun-sen; but the prices are on the strong daily support.

Narrowing bearish Ichimoku Cloud with falling Senkou Span B; a cancelled golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the prices are in negative area, but on the strong support of 1.3100.

NZD/JPY broke strong support level 78…

EUR/JPY reversed from resistance zone Next sell target - 131…

Following the ECB’s interest rate decision on Thursday, the EUR/USD pair fell to refresh its lows across the board and now it’s trading between a Fibonacci demand area of 100% and 123…

There's a bearish "Engulfing", which has been formed at the local high. So, the market is likely going to test...

There's a "Shooting Star", which has been formed at the local high. So, the price is likely going to continue declining...

There are two bullish impulses, which are likely waves (i) and i. So, there's an opportunity to have an extension...

The 34 Moving Average is likely going to act as support in the short term. If a pullback from this line happens little later on...

All the Moving Averages have been broken, so the price is moving up. The main intraday target is the nearest resistance at 1.1857...

Recommendation: BUY 112…