Daily Market Analysis

NZD/USD broke key resistance level 0…

The main wave count has been changed. It seems like there's a developing flat pattern in wave [B].

The upper "Window" acted as resistance, so there's a "Harami", which has been confirmed. In this case, the pair is likely going to...

We've got a bearish "Engulfing", so the market is going to test the nearest support. Anyway, bulls will probably try to deliver a new high.

The price faced support at 1.2926, so there's a "Thorn" pattern. In this case, the pair is likely going to reach the nearest resistance.

Bulls went through the upper side of the last "Pennant" pattern. It's likely that we're going to see the price even higher.

Recommendation: BUY 0…

Recommendation: SELL 1,264 SL 1,2585 TP 1,274…

Bearish Ichimoku Cloud with horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen and the lines are horizontal; the market is on the strong support of the daily levels.

Bullish Ichimoku Cloud with rising Senkou Span B; a dead cross of Tenkan-sen and Kijun-sen with horizontal lines; the prices are supported by Senkou Span A.

USD/JPY has been following a bearish channel since last week and it looks like that the path is driving towards the Fibonacci retracement zone of 50% and 65% at 111…

USD/CHF broke multi-month support level 0…