Daily Market Analysis

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

EUR/AUD broke strong resistance level 1…

GBP/AUD reversed from combined support zone Next buy target - 1…

The last "Three Methods" patterns point to a possibility to have the market even higher.

Bulls are still pushing the price higher, but there's a bearish "Engulfing" pattern, which hasn't been confirmed yet.

The price faced resistance at 1.2913, so we've got a "V-Top" pattern, which pushed the price lower.

The price is still rising, so bulls faced resistance at 1.1249, which led to the current consolidation.

Recommendation: BUY 0,7045 SL 0,6990 TP1 0,715 TP2 0,723…

Recommendation: BUY 1,2865 SL 1,281 TP 1,3025, SELL 1,28 SL 1,2855 TP 1,264…

Expanding bullish Ichimoku Cloud, falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen with falling Kijun-sen; the prices are corrected to Kijun-sen.

Narrowing bullish Ichimoku Cloud, falling Senkou Span A and B; a new dead cross of Tenkan-sen and Kijun-sen with falling lines; the prices are under the Cloud and formed the new lows.

Australian manufacturing PMI and NZ terms of trade kicked the Asian session off but did little to give rise to market fluctuations…