Daily Market Analysis

On the daily chart of AUD/USD, there is a consolidation within the bearish trend.

Bearish Ichimoku Cloud with falling Senkou Span A and B; a new dead cross of Tenkan-sen and Kijun-sen with falling lines; the market breaking down the main daily supports and will continue the downtrend.

Expanding bearish Ichimoku Cloud with falling Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with falling lines; the market made a new lows and will continue existing downtrend.

NZD/CAD managed to make a rebound above the May 17th lows and it’s currently making a retracement from the decline held since May 8th…

GBP/NZD reversed from resistance zone Next sell target - 1…

NZD/CAD reversed from support zone Next buy target - 0…

Oil is always the hottest topic. Other markets may be steady, however, the oil one never is.

There's still no any reversal pattern so far. In this case, the market is likely going to test the next resistance soon...

The price is likely going to test the upper 'Window', which could be a departure point for another decline...

The pair is likely going to test the next support at 1.3457 - 1.3419. Meanwhile, a pullback from this area could be a starting point...

There's a bearish 'Flag', so the market is likely going to test the next support at 1.1762 - 1.1717. A pullback from this area could be...

On the daily chart of EUR/GBP, bears managed to seize the initiative and brought the pair to the lower border of the medium-term consolidation range (0.8695-0.9015). If the pair triggers the “Bat” pattern, the odds of it going to its 88.6% target at 0.8635 will increase.