Daily Market Analysis

EUR/USD rising inside minor (b)-wave Next buy target - 85…

We've got a "Harami" and a "Tweezers" patterns. In this case, the pair is likely going to test the Moving Averages in the short term.

The 55 Moving Average has been tested once again, so we've got a bearish "Tower", but this pattern remains unconfirmed.

The price is consolidating near the 89 Moving Average. Also, there are two bullish "Thorn" patterns in a row, so...

All the Moving Averages lines have been broken, so the price is consolidating. It seems like we've got a developing "Flag" pattern.

On the daily chart, EUR/JPY the break of diagonal support (lower border of the uptrend channel) was a signal for correction towards 88…

Recommendation: BUY 1…

Bearish Ichimoku Cloud, but rising Senkou Span B; a dead cross of Tenkan-sen and Kijun-sen; the prices are tested the support of Senkou Span B and can bounce off to SSA.

Bearish Ichimoku Cloud with horizontal borders; a dead cross of Tenkan-sen and Kijun-sen, but the narrow channel of the lines; the bears can’t breaking down the support of 1.2980.

USD/JPY reached sell target 110…

AUD/JPY falling inside minor C-wave Next sell targets - 85…

WTI Oil has been bearish across the board, but in an overall picture it’s still riding a bullish structure since mid-July…