Daily Market Analysis

On the GBP/USD daily chart, there is a realization of the Wolfe Waves pattern…

Recommendation: BUY 0,7297 SL 0,7242 TP 0,7445…

Narrowing bearish Ichimoku Cloud; rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with falling Kijun-sen; the market is under strong resistance of the 4H-Cloud.

Narrow bearish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; the market bounced from the top border of the Cloud and Bears may continue selling.

In the absence of the news catalysts over the weekend, the market moves were subdued in Asia today…

AUD/USD is starting to retrace from June 14th highs and it’s now heading to a key demand zone established by the 50% Fibonacci retracement level, given that it reached an extreme zone in the upside which coincides with the 100% Fibonacci expansion level…

CAD/JPY reversed support zone Next buy target - 85…

EUR/USD reversed from support area Next buy target - 1…

The price is still consolidating under 4/8 MM Level. The main target for wave (i) is 3/8 MM Level, which could be a departure point for...

We've got a bearish "Tweezers", which has been confirmed enough. Therefore, the pair is likely going to test the lower "Window".

The lower "Window" acted as support once again. However, we've got a "Shooting Star" on the 55 Moving Average.

Recommendation BUY 1…