The price is consolidating near the 89 Moving Average. Also, there are two bullish "Thorn" patterns in a row, so...
Daily Market Analysis
All the Moving Averages lines have been broken, so the price is consolidating. It seems like we've got a developing "Flag" pattern.
On the daily chart, EUR/JPY the break of diagonal support (lower border of the uptrend channel) was a signal for correction towards 88…
Recommendation: BUY 1…
Bearish Ichimoku Cloud, but rising Senkou Span B; a dead cross of Tenkan-sen and Kijun-sen; the prices are tested the support of Senkou Span B and can bounce off to SSA.
Bearish Ichimoku Cloud with horizontal borders; a dead cross of Tenkan-sen and Kijun-sen, but the narrow channel of the lines; the bears can’t breaking down the support of 1.2980.
USD/JPY reached sell target 110…
AUD/JPY falling inside minor C-wave Next sell targets - 85…
WTI Oil has been bearish across the board, but in an overall picture it’s still riding a bullish structure since mid-July…
There's a bearish "High Wave", so the price is likely going to continue moving down towards the lower "Window".
The 55 Moving Average has acted as support, but there isn't any bullish pattern so far. So, we could have a new local low soon.
Recommendation: BUY 0…