Daily Market Analysis

The 21 MA is acting as resistance. All the last candles are bearish, so there isn't any reversal pattern so far. Therefore, the pair is likely...

The 34 MA has acted as support, so we've got a "Hammer", but this pattern hasn't been confirmed yet.

USD/CAD fell below 1…

There's a developing ending diagonal in wave [v] of C. Inside this pattern, wave (iv) may have been formed. So, there's an opportunity...

The price has broken the downtrend, but bulls faced resistance at 1.2967. Nevertheless, we're likely going to see the price even higher.

The 34 Moving Average has acted as support, so we've got a "V-Bottom" pattern, which pushed the price to resistance at 1.1425.

Recommendation:  SELL $1208 SL $1218 TP1 $1188 TP2 $1160, BUY $1225 SL $1215 TP $1235…

Recommendations: BUY 113,95 SL 113,4 TP1 115,5 TP2 116,4 TP3 117,55…

Bullish Ichimoku Cloud with rising Senkou Span A; a new golden cross of Tenkan-sen and Kijun-sen; the prices breaking out the resistance of Senkou Span A and entered to the positive area; waiting for the new local highs.

Bullish Ichimoku Cloud, but horizontal Senkou Span A and B; a new dead cross of Tenkan-sen and Kijun-sen with horizontal Kijun-sen; the market is returned to the Cloud and supported by Senkou Span A.

It is a Bastille day in France…

EUR/USD is currently trading inside a strong demand zone that has been established by our Fibonacci’s projections…