Daily Market Analysis

Recommendation: BUY $1254 SL $1240 TP1 $1281 TP2 $1300 TP2 $1315  On the daily chart, XAU/USD went to an important support at $1267…

GBP/USD has been very bearish since start of the week and looks forward to reach a demand zone established by our Fibonacci projections…

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

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

There's a bearish "Engulfing", which has been formed at the last local high. So, there's an opportunity to have a downward correction...

The last bearish "Three Methods" pattern led to the current decline. Also, there isn't any reversal pattern so far. In this case...

There's a local decline, which could be wave [ii]. However, this bullish wave count will be unconfirmed until...

The price is consolidating in a range of the developing "Wedge". So, the upper side of this pattern is likely going to be broken soon.

There's a "V-Top" pattern, so the price reached the nearest support at 1.1772. In this case, the market is likely going to...

Recommendation: SELL 0…

Recommendations: BUY 0…

Narrow bullish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen with the falling Kijun-sen, but rising Tenkan-sen; the prices are on the strong support inside a Cloud.