Daily Market Analysis

The price is consolidating near the 55 Moving Average. Also, there's a "Pennant" pattern, so the pair is likely going to decline...

Bearish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen and the lines are horizontal; the prices are under Tenkan-sen and Kujin-sen and ready to go to new lows.

Expanding bullish Ichimoku Cloud, rising Senkou Span A; a new golden cross of Tenkan-sen and Kijun-sen; the prices are on the support of Tenkan-sen and Kijun-sen.

CHF/JPY falling inside minor ABC correction 4 Next sell target - 114…

USD/CHF reversed from support zone Next buy target - 0…

We've got a pullback from +2/8 MM Level, so wave [v] of 3 may have been ended. So, there's a developing impulse in wave [i].

The price has reached the 34 MA, but we don't have any reversal pattern so far. Therefore, bulls are likely going to test...

There are a "Shooting Star" and a "Harami". Considering confirmation of these patterns, bears are likely going to...

Recommendation: BUY 0…

On the daily chart, after the false break of the neckline of the “Head and shoulders” pattern and successful test of $1255 bulls are trying to return the price inside the previous uptrend channel…

There's a "V-Top" pattern, which led to consolidation. Therefore, the pair is likely going to decline towards the closest support.

Bulls faced resistance at 1.1757, so we've got a "V-Top" pattern, which pushed the price lower. So, the market is likely going to...