USD/JPY: Dollar reached new highs
Bullish Ichimoku Cloud with rising Senkou Span A; a new golden cross of Tenkan-sen and Kijun-sen; but the market is overbought and the prices under the strong daily resistance.
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
EUR/USD: euro on main support
Bearish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, falling lines; the market is oversold and the prices on the main daily support of the Cloud.
USD/JPY: bulls keep pushing
Recommendation: BUY 112…
EUR/JPY: bears are losing power
Recommendation: BUY 133…
USD/CAD broke combined resistance zone
USD/CAD broke combined resistance zone Next buy target - 1…
EUR/USD falling inside minor impulse wave (c)
EUR/USD falling inside minor impulse wave (c) Next sell target -1…
NZD/JPY: a buy signal already ongoing?
NZD/JPY is challenging a demand zone between the 80…
EUR/USD: price achieved 0/8 MM Level
It seems like wave 4 is taking the form of a zigzag, which is about to end. So, if a pullback from 0/8 MM Level happens...
USD/JPY: pair going to continue moving up
We've got a bearish "Harami", which hasn't been confirmed yet. So, there's an opportunity to have a local correction during the day.
EUR/USD: bearish "Three Methods"
There's a bullish "Harami", but this pattern remains unconfirmed. Therefore, we could have just a local upward correction.
GBP/USD: bears going to test another support
The local uptrend has been broken, so the pair is likely going to decline in the direction of the next support...
EUR/USD: broken "Pennant"
Bears went through support at 1.1772, so we should keep an eye on the next support at 1.1714 - 1.1688 as the next intraday target.
