Daily Market Analysis

The commodity-sensitive Loonie has appreciated to its strongest level since September (1…

The yen was one of the biggest losers in the past week mainly due to stronger USD which got traction on the upbeat economic releases out of the US…

We've got a "Doji" and a "Shooting Star" at the last high, so bears are likely going to test the closest "Window" during the day.

We've bearish patterns such a "Shooting Star" and a "Tweezers", but both of them haven't been confirmed yet. Therefore...

Narrow bearish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen; but the prices supported by Senkou Span B and entered to the channel Tenkan-Kijun.

Expanding bullish Ichimoku Cloud with rising Senkou Span A; a new golden cross of Tenkan-sen and Kijun-sen, rising Tenkan-sen; the market going to new highs.

There's a "Triple Top", which pushed the price to support at 1.2947. So, the pair is likely going to decline in the direction of...

Bulls faced resistance at 1.1425, so the price is consolidating. In this case, the market is likely going to test support at 1.1389 - 1.1387.

On the GBP/USD daily chart, there is a unique situation…

On the NZD/USD daily chart, there is a correction towards the uptrend…

The consensus expectation for the US NFP – 178K jobs…

USD/JPY edged higher in the Asian session as the Bank of Japan’s officials have recently said they will start buying unlimited amount of bonds to return the yield back to their zero target…