Daily Market Analysis

There's a "Double Bottom", so the price is rising. The main target is the nearest resistance at 1.3069 and the 55 MA.

Bears found support at 1.1712, so the price is consolidating. It's likely that the price is going to test the nearest resistance.

Narrowing bullish Ichimoku Cloud, falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen; the prices are in the Cloud and going to the support of Senkou Span B.

Narrow bullish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen; the bears are breaking down SSB’s support and going to 3W-lows.

EUR/NZD has been consolidating above the 200 SMA, gaining momentum across the board and looks forward to duplicating a cycle started from the last week of June, until the second week of July…

NZD/USD broke support level 0…

NZD/JPY reversed from resistance area Next sell target - 80…

There isn't any reversal pattern so far, so all the last candles are bearish. Moreover, there's a "High Wave" pattern, which...

The price is consolidating between the 34 & 55 MA. Also, there isn't any reversal pattern so far. In this case...

Bearish Ichimoku Cloud with horizontal Senkou Span A and B; a corretional dead cross of Tenkan-sen and Kijun-sen, rising Tenkan-sen; the Cloud’s resistance is under the bull’s attack.

Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with horizontal Tenkan-sen and Kijun-sen; the market supported by the Cloud, but  the correction may continue to Senkou Span B

The price is consolidating under the broken downtrend. The 89 Moving Average is acting as support, but bears are likely going to...