Daily Market Analysis

Expanding bullish Ichimoku Cloud but horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen.

Expanding bullish Ichimoku Cloud but horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen but the lines are horizontal.

On the daily chart, bulls tried to play back the fact that AUD/USD reached 200% target of AB=CD. Their attempt to develop a correction after a pullback form the convergence area led to failure at the resistance of 0.7215.

On the daily chart, NZD/USD was testing diagonal resistance in the form of the upper border of the downtrend channel.

The market is likely going to test the closest support at 1.1661, which could be a departure point for another bullish rally...

Thursday American CPI data pulled the US dollar index below the psychological level at 95.50.

It's likely that the market is going to test the next resistance at 1.3143 - 1.3172. This area could be a departure point for...

On the daily chart, bears managed to stop USD/CHF at 0.9735 (38.2% of the medium-term rising wave) and return the pair inside the long-term downtrend.

On the daily chart, EUR/USD came close to an important resistance at 1.1710 (38.2% of the long-term rising wave).

Expanding bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising lines.

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

The market is likely going to test the nearest resistance at 1.1645. A pullback from this level could be a starting point for a decline to...