Daily Market Analysis

Recommendation: BUY 0,695 SL 0,6895 TP 0,708…

The US dollar was hurt and Treasury yields declined with allegations against Trump on the collusion between his election campaign and Russian entities…

USD/CHF reached sell target 0…

EUR/USD reached buy target 1…

There isn't any reversal pattern, so the current decline is going to be continued until any bullish pattern arrives.

There's a bullish "Inverted Hammer", which has confirmation, so we're about to have a new local high.

The price is testing 7/8 MM Level, so wave 2 is about to end. If we see a pullback from this level, there'll be an opportunity to have wave (i).

The bullion rose to $1245 as Trump-related news sparked safe-haven demand…

The pair is consolidating along the 55 MA, so bulls are going to achieve the closest resistance at 1.2964 - 1.2995.

Narrowing bearish Ichimoku Cloud, rising Senkou Span A and horizontal Senkou Span B; a new golden cross of Tenkan-sen and Kijun-sen with rising Kijun-sen; the prices are supported by Tenkan-Sen.

Narrow bullish Ichimoku Cloud, horizontal Senkou Span A; a new golden cross of Tenkan-sen and Kijun-sen; the prices are supported by Tenkan-sen and Kijun-sen and the Bulls going to breakout an SSA’s resistance.

On the AUD/USD daily chart, there is a continuation of the near-term bearish trend…