Daily Market Analysis

Expanding bearish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen but narrowing channel Tenkan-Kijun.

AUD/NZD broke major resistance level 1…

AUD/CAD reversed from combined support area Next buy target - 0…

Usually, traders pay attention to major currencies such as USD, EUR, GBP and etc. But what about exotic currencies?

The main intraday target is the lower 'Window'. A pullback from this level could be a starting point for another bullish price movement...

The pair is likely going to reach the nearest resistance at 1.1622, which could be a departure point for another decline...

There's an opportunity to have a local upward correction. In this case, we should keep an eye on the closest resistance...

There's a 'V-Bottom', so the market is likely going to test the nearest resistance at 1.1601 - 1.1619. A pullback from this area could be...

On the daily chart of USD/CAD, bears launched an attack thanks to the formation of “Three Indians” and 1-2-3.

On the daily chart, XAU/USD is correcting to the long-term uptrend. Bears are trying to form a “Shark” pattern with a target at 113% located at 1183.

Bearish Ichimoku Cloud with rising Senkou Span B; an irregular dead cross of Tenkan-sen and Kijun-sen with horizontal lines.

Expanding bearish Ichimoku Cloud with falling Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with falling Kijun-sen.