Daily Market Analysis

Expanding bullish Ichimoku Cloud, rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with the rising Tenkan-sen; but the market is overbought – waiting for the correction.

Expanding bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising lines; the prices are breaking out the upper bound of the Cloud and may going higher.

Recommendation: SELL 1…

Recommendation: SELL $1302 SL $1317 TP1 $1379 TP2 $1268 On the daily chart, bears managed to pull the pair below $1320…

3/8 MM Level has acted as support, so the price is rising. It seems like we're going to have an extension in wave [iii] of 5.

Bears in the EUR/GBP pair remain strong and the outlook remains bearish across the board…

EUR/JPY broke resistance level 131…

USD/JPY broke resistance zone Next buy target - 112…

…We've got a pullback from 5/8 MM Level, so wave 4 has been finished. In this case, we could have another bullish impulse...

There are bearish patterns such a "Tweezers" and an "Engulfing", but both of them haven't been confirmed yet. In this case...

We've got a "Tweezers" and a "Harami" patterns, but confirmation of both patterns is quite weak. So, we could have...

The price faced with resistance at 1.3653, so there's a consolidation. In this case, bulls are likely going to reach...