Daily Market Analysis

Expanding bullish Ichimoku Cloud, rising Senkou Span A; a new golden cross of Tenkan-sen and Kijun-sen, rising Tenkan-sen; the prices are trying to breakout an upper border of the Cloud.

Narrowing bullish Ichimoku Cloud, but rising Senkou Span B; a dead cross of Tenkan-sen and Kijun-sen; the prices are entered into the Cloud and on the support of SSB.

We’ve got wave v of (i), so there’s time for wave (ii). The main bullish target is 5/8 MM level, which could be a departure point for another bearish wave.

We’ve got a “Tweezers” and an “Engulfing”, which both have been confirmed.

EUR/CAD reversed from resistance zone Next sell targets - 1…

EUR/AUD reversed from resistance zone Next sell target - 1…

The price met with the nearest resistance and we don’t have any bullish pattern so far.

USD/TRY currency pair is now available on the FBS trading platform and we are happy to provide you with the market analysis for your daily trades…

On the USD / CAD daily chart, the bulls failed to test the resistance at 1…

Bulls found a resistance at 1.2438, so the price is consolidating. In this case, the pair is likely going to test the nearest support.

Trade scenarios for EUR/USD and GBP/USD based on key option levels.

On the EUR/USD daily chart,  there is a struggle for the area near the neckline of the "Head and shoulders" inverted pattern…