Daily Market Analysis

Bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen, but the horizontal Tenkan-sen and Kijun-sen; the prices are breaking down the Kijun’s support and going to Cloud.

Expanding bearish Ichimoku Cloud, falling Senkou Span A; a new dead cross of Tenkan-sen and Kijun-sen with falling Kijun-sen; the prices are under the Cloud’s resistance.

NZD/CAD reversed from resistance zone Next sell target - 0…

EUR/NZD rising inside primary impulse wave ③ Next buy target - 1…

Wave (iv) turned out to be a zigzag, so we've got a bearish impulse in wave (v) of [c]. It's likely that...

We've got a bearish "Tower", which has been formed right below the upper "Window". So, the pair is likely going to test...

We've got a "Tower" and a "Doji", so the 34 Moving Average is likely going to act as resistance...

There's a "Double Bottom", which has been confirmed. So, the main intraday target is the nearest resistance at 1.3328. However...

Bears faced with support at 1.1688, so we've got a "V-Bottom". In this case, the market is likely going to reach the nearest resistance...

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

Narrowing bullish Ichimoku Cloud, but rising Senkou Span B; a dead cross of Tenkan-sen and Kijun-sen with the horizontal Tenkan-sen and  Kijun-sen; the prices are reached the SSB’s support and bounced inside Cloud.

Recommendation: BUY 1…