AUD/CAD saw a volatile action during Wednesday’s session, following the BoC’s interest rate decision to keep rates unchanged and as a result, the pair did a strong rebound above the Fibonacci retracement level of 65% at 0…
Daily Market Analysis
Wave [ii] might have been ended, so there's an opportunity to have another upward impulse wave...
The lower "Window" has acted as support, but there's a bearish "Harami", which has been formed at the last local high...
We could have a local upward price movement. The main intraday target is the upper "Window"...
The Moving Averages have acted as resistance, so there's a "Double Top" pattern, which led to the current consolidation...
Bears faced with support at 1.1757, but there's also resistance by the 34 Moving Average. If a pullback from this line happens...
Recommendation: SELL 1…
Recommendation: BUY 0…
Expanding bearish Ichimoku Cloud with falling Senkou Span A and B; a weak golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the prices are in negative area, below the Kijun-sen.
Narrow bearish Ichimoku Cloud, but horizontal Senkou Span A and B; a strong dead cross of Tenkan-sen and Kijun-sen with falling Tenkan-sen; the prices are tested the Cloud’s resistance and ready to continue a downtrend.
EUR/CHF broke resistance level 1…
USD/CHF broke key resistance level 0…