Daily Market Analysis

Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with horizontal line.

We've got a 'Pennant', so the pair is likely going to reach the nearest resistance at 1.3216 - 1.3257. A pullback from this area could be...

There's a 'Harami' pattern, which has been confirmed. However, if a pullback from the closest support at 1.1550 happens next...

Although the United Kingdom will release several major economic indicators this week

On the daily chart of XAU/USD, the pair left the downward channel and reached targets of the “Spike and ledge” pattern.

On the daily chart of USD/CAD, the pair is reaching targets of the “Wolfe waves” pattern.

Expanding bearish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen with falling Tenkan-sen.

Bearish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen, but horizontal lines.

South Africa anticipates the Moody's review of the country's debt. The release was scheduled on Friday, October 12, however, it was postponed. Some analysts expect it to be released after the Medium-term budget policy statement (MTBPS) on October 24.

If the 144 Moving Average acts as resistance, the market is likely going to test the nearest support at 1.1558...

The 55 Moving Average has acted as support. In this case, the market is likely going to test the nearest resistance...

On the daily chart of NZD/USD, the 0.652 level (78.6% of the long-term upward wave) will determine the further direction of the pair.