Daily Market Analysis

Recommendations: SELL 108…

Expanding bullish Ichimoku Cloud, rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen, the rising lines; the market is out from the overbought area soon and may go higher.

Expanding bullish Ichimoku Cloud with rising Senkou Span A; an irregular dead cross of Tenkan-sen and Kijun-sen, narrowing channel of Tenkan-Kijun; the prices are on the support of Tenkan-sen and Kijun-sen and breaking out the SSA’s resistance.

NZD/CAD broke multiple support levels Next sell target - 0…

USD/CAD broke key support level 1…

AUD/USD is looking for a solid consolidation above the 50 SMA at H1 chart and it’s already trapped in a sideways range inside a supply zone between the 0…

The price is consolidating under 4/8 MM Level, which could be a departure point for wave [c]. The main target is 1/8 MM Level.

There's a possible "Three Methods" pattern, so the current local correction is likely going to end soon.

The 34 & 55 MAs acted as support, so the price is moving up. There's no any reversal pattern, cause all the last candles are bullish.

The Moving Averages have acted as support, so the price is rising, but bulls faced with resistance at 1.3032 - 1.3047.

There's a consolidation, which is taking place above the MAs. It's likely that the market is going to test the closest support...

Bullish Ichimoku Cloud, horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; the Bulls are tested the strong resistance on 0.8000, but can’t break it out.