We've got a couple of pullbacks from 8/8 MM Level, so wave [y] of 2 may have been formed.
Daily Market Analysis
USD/CAD was trading choppily in the course of the past week…
The British pound dropped in the past week on UK election jitters and weak economic fundamentals…
USD/JPY has posted slight gains in the first half of past week as political tumult over Trump's obstruction of justice subsided…
The price faced support at 1.2865, but the market is likely going to continue falling down in the direction of the next support.
The price is consolidating between resistance at 1.1267 and support at 1.1171. Also, there's a triangle.
Recommendation: BUY 51,5 SL 50,5 TP1 52,8 TP2 53,9…
Recommendations: BUY $1262,5 SL $1252,5 TP $1315, SELL $1248 SL $1258 TP1 $1233 TP2 $1224…
Brent futures dropped to $51…
Bearish Ichimoku Cloud, horizontal Senkou Span A and B; a new golden cross of Tenkan-sen and Kijun-sen; the prices keep staying in the cloudy area; strong support of horizontal Kijun-sen and Senkou Span A.
Narrowing bullish Ichimoku Cloud, falling Senkou Span A; a cancelled golden cross of Tenkan-sen and Kijun-sen; the prices are entered into the negative zone.
GBP/CHF broke support level 1…