Daily Market Analysis

AUD/USD broke support zone Next sell target - 0…

If a pullback from the upper side of the current ending diagonal happens, there’ll be time for correction.

Considering that there isn’t any reversal pattern so far, the price is likely going to climb even higher.

We’ve got a pullback from the 89 MA. However, there’s a “Shooting Star”, but a confirmation of this pattern is a quite weak.

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We’ve got a “Double Top”, which has been confirmed by the last “Pennant”. The 89 Moving Average is acting as a support.

The price is still consolidating near the upper side of the current “Wedge”. At the same time, there’s a possible “Triple Top”.

Expanding bearish Ichimoku Cloud, falling Senkou Span A and B; a new dead cross of Tenkan-sen and Kijun-sen with falling Tenkan-sen; the prices are on the new lows for the last four months.

Expanding bullish Ichimoku Cloud, rising Senkou Span A; a cancelled golden cross of Tenkan-sen and Kijun-sen, but rising Kijun-sen; the prices are on the support of the Cloud.

AUD/CHF reversed from resistance zone Next sell target - 0…

AUD/CAD reached buy target 1…

The price is still moving up, so bulls are likely going to meet with the upper “Window” soon.