Daily Market Analysis

USD/JPY is following a bullish sequence above the 200 SMA at H1 chart and has already made a rebound above that moving average…

We've got a bullish "Hammer", but confirmation of this pattern is still on the way. Therefore, we could have a local bearish correction...

The price is still consolidating. Also, there's a "Hanging Man", which has been formed at the last local high. So, the 34 Moving Average is...

There's a pullback from 0/8 MM Level, so wave 4 may have been formed. Therefore, there's an opportunity to have an upward impulse...

Bears faced with support at 1.3223, so there's a "Triple Bottom", which pushed the price to the closest resistance...

There's a "V-Bottom" pattern, so the price reached the nearest resistance at 1.1772. Nevertheless, the market is likely going to...

Recommendation: SELL 1…

Recommendations: SELL 0…

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…