Daily Market Analysis

The last "Flag" pattern has been broken, so the price is rising. The main intraday target is the nearest resistance at 1.3345 - 1.3374.

The main trend is still bullish. The 34 Moving Average has acted as support, so we've got a "V-Bottom" pattern on this line.

Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen; Dollar is going to positive area, but the market is overbought now.

Expanding bullish Ichimoku Cloud with rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but rising Kijun-sen; the prices are on the support of the Cloud.

Wave [ii] may have been ended, cause there's a pullback from 6/8 MM Level. So, there's an opportunity to have wave [iii].

US Dollar Index has been following to the bears against a basket of major currencies and it’s approaching to the 200 SMA at H1 chart, nearing to the Fibonacci level of 50% (92…

GBP/CHF rising inside minor impulse wave 3 Next buy target - 0…

GBP/USD reached buy target 1…

The 55 Moving Average is acting as resistance, so there's a bearish "Doji", which has been confirmed enough. So...

The price reached the 89 Moving Average, but there isn't any reversal pattern so far. In this case, bulls are likely going to...

7/8 MM Level has acted as resistance, so there's developing wave [ii]. If the price fixates above 6/8 MM Level little later on, there'll be...

We've got a confirmed "Double Top", but there's a pullback from support at 1.3164. Therefore, the pair is likely going to...