Recommendation: BUY 133…
Daily Market Analysis
USD/CAD broke combined resistance zone Next buy target - 1…
EUR/USD falling inside minor impulse wave (c) Next sell target -1…
NZD/JPY is challenging a demand zone between the 80…
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...
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.
There's a bullish "Harami", but this pattern remains unconfirmed. Therefore, we could have just a local upward correction.
The local uptrend has been broken, so the pair is likely going to decline in the direction of the next support...
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.
Recommendations: SELL 1…
Expanding bearish Ichimoku Cloud with falling Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen; the prices are in the oversold area; strong support on 0.7830.
Bullish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, with the falling lines; the market entered into the cloudy area and may go lower to the support of Senkou Span B.