On the daily chart, USD/JPY is fighting for an important level of 111.65 (50% of the long-term descending wave).
Daily Market Analysis
On the daily chart, EUR/JPY pulled back after reaching 78.6% target of a Gartley pattern.
Bearish Ichimoku Cloud but horizontal Senkou Span A and B; a weak golden cross of Tenkan-sen and Kijun-sen with horizontal lines.
Narrowing bullish Ichimoku Cloud with falling Senkou Span A; a weak golden cross of Tenkan-sen and Kijun-sen with falling Tenkan-sen.
NZD/CAD broke support level 0…
AUD/CAD falling inside wave (2) Next sell target - 0…
We've got a 'Three Methods' pattern, so the market is likely going to test the upper 'Window' at 112.27. A pullback from this level could...
There's an opportunity to have a local upward correction. So, we should keep an eye on the nearest resistance...
It's likely that the market is going to test the closest resistance at 1.3157 - 1.3172. This area could be a starting point for...
The pair is going to test the nearest support at 1.1679 - 1.1661. If a pullback from these levels happens next...
GBP/USD bulls are trying to lead the pair out of the descending channel, push it above resistance at 1.3215 and move higher towards the target of “Wolfe waves”.
On the daily chart, USD/CHF keeps consolidating in the 0.9855-0.9995 range within the previous uptrend channel.