Daily Market Analysis

The price is consolidating between the levels 1.3046 - 1.2976. Also, we've got two "V-Top" patterns in a row, so the pair is likely going to...

Bulls faced resistance at 1.1464, so we've got a "V-Top" pattern, which pushed the price to support at 1.1398. In this case...

Bullish Ichimoku Cloud and rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising Kijun-sen; the prices supported by Tenkan-sen and Kijun-sen and may go higher.

Expanding bullish Ichimoku Cloud with rising Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen,  rising Tenkan-sen; the market in a correction to Kijun-sen.

On the USD/JPY daily chart, Bulls settled in above the important level at 112…

On the daily chart of gold, quotes came closer to the necklines of the Head and Shoulders pattern…

The yen was in today’s spotlight due to the Tokyo election on Sunday resulting in a big loss for the incumbent prime minister Abe and due to the swath of data out of Japan…

CAD/JPY reached buy target 86…

GBP/JPY rising inside minor impulse wave (iii) Next buy target - 148…

Wave (v) of [v] has been ended, so the price is declining. There's a developing wave (i), which is likely going to be continued.

The price couldn't fixate above the "Window", so there's a bearish "Engulfing" pattern. The 21 Moving Average is acting as support.

There's a bearish "Tweezers", which has confirmation. However, we've got a bullish "Hammer", so the pair is likely going to...