Daily Market Analysis

Narrow bullish Ichimoku Cloud; horizontal Senkou Span A, but rising Senkou Span B; an irregular dead cross of Tenkan-sen and Kijun-sen over the Cloud; the prices are supported by Cloud and may go higher.

Expanding bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen, rising Kijun-sen; the prices are under daily resistance 1.1250-1.1300.

CAD/CHF reached buy target 0…

EUR/NZD reached buy target 1…

We've got a bullish "Hammer", which has been confirmed. Also, there's a "Doji" on the 144 Moving Average.

We've got bearish patterns such a "Tower" and a "High Wave", which both have confirmation.

We've got a pullback from 8/8 MM Level, so a double zigzag in wave [y] of 2 may have been formed.

We've got two "Thorn" patterns, so the price is consolidating. The 89 Moving Average is acting as support.

The last "Double Top" pushed the price lower, so bears meet with support at 1.1171. Also, there's a "Flag" pattern.

Recommendation: BUY 0,9765 SL 0,971 TP1 0,985 TP2 0,9895…

Recommendation: BUY 1,108 SL 1,1025 TP1 1,121 TP2 1,13…

The USD strengthened in Tokyo morning against its major peers due to rising 10-year Treasury note yield climbing 3 basis points overnight…