Daily Market Analysis

Narrowing bullish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but horizontal Tenkan-sen; the prices are entered into the cloudy area and would be supported by Senkou Span B.

EUR/AUD reversed from key resistance level 1…

GBP/JPY reversed from resistance zone Next sell target - 144…

There's a "Tower' pattern. The price has reached the 34 Moving Average, so we could have a local bullish correction.

We don't have any reversal pattern so far, which means bears are going to test the next "Window".

We've got a pullback from 4/8 MM Level, so bulls are likely going to deliver wave ii, which could take the form of a zigzag.

Bulls faced resistance at 1.2995, so the market is likely going to achieve the 34 Moving Average.

The market is likely going to decline towards support at 1.0819, which is near the last "Breakaway Gap".

Bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen, rising Tenkan-sen; the prices are under strong daily resistance.

Bullish Ichimoku Cloud, horizontal Senkou Span A and B; a new dead cross of Tenkan-sen and Kijun-sen over the Cloud; the prices are under the resistance of Tenkan-sen and Kijun-sen.

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

AUD/NZD broke support zone Next sell target - 1…