Bullish Ichimoku Cloud, but the lines Senkou Span A and B are horizontal; a cancelled golden cross of Tenkan-sen and Kijun-sen, horizontal Tenkan-sen and Kijun-sen; the market is overbought, but prices are supported by Tenkan-sen and Kijun-sen.
Daily Market Analysis
A diagonal triangle in wave (v) is likely going to be continued. The main intraday target is 5/8 MM Level.
AUD/USD broke key resistance level 0…
NZD/CAD reached buy target 0…
The price meet a support by the lower "Window", but we still don't have any reversal pattern so far.
The upper "Window" has acted as resistance, so we've got a bearish "Tweezers", which has been confirmed.
The price hasn't broken resistance at 1.2932, so bears are likely going to test support at 1.2887 in the coming hours.
The price has been consolidating under resistance at 1.1287. Also, we've got a "Pennant" pattern.
The oil prices are higher at the time of writing…
The GBP/USD daily chart, the transformation of the Shark pattern into 5-0 continues…
There is lots of anxiety ahead of Thursday’s events…
Expanding bearish Ichimoku Cloud, falling Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen, falling Tenkan-sen; the prices formed a new lows, but market is oversold and Dollar may go to Tenkan-sen.