Daily Market Analysis

USD/CHF broke resistance level 0…

USD/JPY rising inside minor corrective wave Next buy target - 0…

EUR/AUD has been trapped in a consolidation range and it’s trying to remain above the 200 SMA at H4 chart…

We've got an "Engulfing" and a "Belt hold" patterns on the 34 Moving Average. In this case, the market is likely going to...

The price reached the 144 Moving Average, so there's a bearish "Doji", which hasn't been confirmed enough.

Recommendation: SELL 1…

Recommendation: BUY 0…

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].