Daily Market Analysis

Expanding bearish Ichimoku Cloud with falling Senkou Span A; a correctional golden cross of Tenkan-sen and Kijun-sen; the prices returned to Cloud again and the Bulls can try to breakout its resistance.

AUD/JPY reached buy target 84…

EUR/AUD falling inside the minor ABC correction 4 Next sell target - 1…

The price hasn't fixed above 4/8 MM Level, so wave [c] of 2 may have been ended. Therefore, there's developing wave (i).

 The Bank of England published its latest views on interest rates and monetary policy setting earlier today…

We've got a bullish "Engulfing", so the market is likely going to test the nearest resistance.

There's a bullish "Harami", which hasn't been confirmed yet. Therefore, we could have a local correction.

The Fed’s policymakers agreed to raise their benchmark lending rate, projected additional hike in 2017 and revealed their plans on how they intend to shrink their $4…

The 34 Moving Average has acted as resistance, so there's a "V-Top" pattern, which has confirmation.

We've got a "Double Top", which has been confirmed, so the price is consolidating. Also, there's a "Flag" pattern.

Recommendations: BUY 110,25 SL 109,7 TP1 111,5 TP2 113,2…

Recommendations: SELL $1260 SL $1280 TP1 $1230 TP2 $1220…