Daily Market Analysis

NZD/CAD falling inside the impulse wave 5 Next sell target - 0…

There are a "Shooting Star" and a "Harami" patterns, which both have been confirmed. So, we should keep an eye on...

There isn't any reversal pattern so far, but we could have a local upward correction. Anyway, bears are likely going to...

The 89 Moving Average has acted as support, so we could have a local upward correction. However, if the 34 MA acts...

The 89 Moving Average has been broken, so there's a new local low. In this case, the market is likely going to...

Bullish Ichimoku Cloud, but horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with narrow channel Tenkan-Kijun; the prices are breaking down the Kijun’s support and  in correction local trend to the Cloud.

Bearish Ichimoku Cloud with falling Senkou Span A; a new dead cross of Tenkan-sen and Kijun-sen with falling lines; the prices are entered into the negative area, but there is a strong support on 1.1800 and the market is oversold.

EUR/AUD reversed from key resistance level 1…

AUD/USD falling inside the minor (c)-wave Next sell target - 0…

AUD/JPY has been trading in a bearish bias, as it was offered by recent headlines coming from North Korea…

We've got a "Hammer", which has been formed on the 34 Moving Average. So, bulls are likely going to test the closest "Window"...

The price reached the "Window", but there isn't any reversal pattern so far. Therefore, we could have just a local upward correction...