Daily Market Analysis

EUR/CHF rising inside intermediate impulse wave (5) Next buy targets - 1…

EUR/USD reached buy target 1…

The last "Shooting Star" led to the current bearish correction. However, we've got a bullish "Harami", so we're likely going to have...

There's a "High Wave" pattern at the last high. However, bulls are likely going to test the 89 Moving Average. If we have a pullback...

Wave [iv] has been ended on 1/8 MM Level, so we've got an upward impulse in wave (i). In this case, we could have...

The 55 Moving Average has acted as resistance, so we've got a "V-Top" pattern on this line. Therefore, bears are likely going to...

The last "Pennant" has been broken, so bulls pushed the price higher. Also, we've got a "V-Top" pattern, so the price is consolidating.

Recommendation: BUY 0…

Recommendation: BUY 0…

Narrow bearish Ichimoku Cloud, rising Senkou Span A; a new golden cross of Tenkan-sen and Kijun-sen; the prices are returned to SSB and breakout its resistance; expected continue of the uptrend.

Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a new golden cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen; the Bulls entered into the cloudy area and may go to 3W-highs.

USD/JPY has been reading a bearish sequence across the board and currently, a sideways range has appeared in the scene, helping to cap further advances in the pair above the resistance level of 109…