Daily Market Analysis

Expanding bullish Ichimoku Cloud, but Senkou Span A and B are horizontal; a golden cross of Tenkan-sen and Kijun-sen, the horizontal Kijun-sen; the prices are under strong resistance on daily timeframe; the local market is overbought and waiting for correction to Kijun-sen.

There’s a pullback from 7/8 MM Level, so wave (iii) ended, so bears are going to deliver wave (iv).

AUD/CHF broke strong support zone Next sell target - 0…

EUR/AUD broke resistance zone Next buy target - 1…

The lira strengthened significantly following President Erdogan referendum victory held on April 16…

We still don’t any confirmed reversal pattern. Also, there’s a possible bullish “Three Methods”.

We’ve got a bearish “Tweezers”, so bears are likely going to test nearest “Window”.

The Bank of Japan meets on Thursday to announce its monetary policy statement and to deliver its latest updated Outlook Report…

Investors are always concerned with the question of when the Fed will raise interest rates…

The last “Pennant” was broken, but bulls haven’t moved higher yet. So, the price is consolidating.

Bulls have broken the “Wedge’s” upper side, but the price faced a resistance at 1.0951 afterwards.

On the daily chart of gold after reaching the 127…