Daily Market Analysis

Narrow Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen and rising Tenkan-sen; the prices are supported by the Cloud and may continue to rise.

Recommendation: SELL 1…

Recommendation: SELL 1…

GBP/CAD broke major support level 1…

NZD/CAD broke powerful support level 0…

AUD/USD has been trading above the 200 SMA at H1 chart and it made a rebound above the demand zone established by our Fibonacci retracement between the 0…

We've got a wedge in wave (a) and a double zigzag in wave (b), so the price is declining in wave i of (c).

We've got a bullish "High Wave" and an "Engulfing". So, the price is likely going to test the 144 Moving Average, which could be...

We've got a bearish "Harami", which has been confirmed, so the market is likely going to test the 89 Moving Average.

Recommendation: BUY 0…

Recommendation: SELL $1280 SL $1296 TP $1264 TP2 $1250 On the daily chart, XAU/USD managed to return inside the bullish medium-term uptrend channel…

There's a consolidation, which is taking place near the Moving Averages. The market is likely going to reach the closest support.