Daily Market Analysis

Narrowing bullish Ichimoku Cloud with falling Senkou Span A; a new correctional dead cross of Tenkan-sen and Kijun-sen; the prices entered into the Cloud but supported by Senkou Span B.

GBP/USD was one of the major losers during last week, following BoE’s decision to keep rates unchanged and positive NFP data in the United States…

NZD/USD reversed from resistance zone Next sell target - 0…

USD/CHF rising inside sharp minor correction Next buy target - 0…

There's a "Hammer", which was formed on the lower "Window". If this pattern confirms, the pair is going to test the 21 MA.

The last "Shooting Star" hasn't been confirmed. Also, there isn't any reversal pattern so far, which means the market is likely going to...

Recommendation: BUY 0…

We've got a "Triple Top" pattern, so the price reached the 34 Moving Average. Nevertheless, bears are likely going to test...

There's a consolidation, which is taking place between the levels 1.1909 - 1.1846. It seems like the market is going to...

Recommendation: SELL 1…

Bearish Ichimoku Cloud with falling Senkou Span A; a cancelled dead cross of Tenkan-sen and Kijun-sen, horizontal lines; the prices are made the new low – waiting for the correction to Tenkan an Kijun.

Bullish Ichimoku Cloud; horizontal Senkou Span A, but rising Senkou Span A; a correctional dead cross of Tenkan-sen and Kijun-sen wit horizontal lines; the prices are in the Cloud, but bulls are trying to break out into the positive area.