Expanding bearish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but the lines are horizontal.
Daily Market Analysis
The market is likely going to reach the lower 'Window' in the short term. A pullback from this level could be a starting point for...
The price is likely going to test the next support area at 1.2753 - 1.2737. If a pullback from these levels happens next...
On the daily chart of USD/CAD, bears couldn’t keep the pair within the downward channel, it signals their weakness.
Recommendation: BUY 1222 SL 1207 TP1 1…
Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a cancelled dead cross of Tenkan-sen and Kijun-sen.
Bearish Ichimoku Cloud with falling Senkou Span B; a cancelled dead cross of Tenkan-sen and Kijun-sen with horizontal lines.
It is not a news the JPY is considered as a safe haven during the periods of uncertainty. However, the global economic outlook and the trade tensions between the US and China may affect the JPY strength.
The market is likely going to test the 34 Moving Average (1.1460), which could be a departure point for a decline...
The main target is the nearest resistance at 1.2870 - 1.2896. A pullback from this area could be a starting point for...
Recommendation: BUY 0…
On the daily chart of AUD/USD, bulls have been trying to implement the “Shark” pattern and pull the pair to its 88.6% target.