Thursday mixed economic data didn’t let the US dollar index to break the psychological level at $95.
Daily Market Analysis
If a pullback from the 34 Moving Average happens little later on, bulls are likely going to test the upper 'Window'...
We had a 'Shooting Star'. In this case, the pair is likely going to test the next support at 1.1449...
The main intraday target is the next support at 1.3120 - 1.3082, which could be a starting point for a bullish correction...
A pullback from 1.1509 - 1.1478 could be a departure point for a bullish correction towards the nearest resistance...
On the daily chart of USD/JPY, bears are still hoping on the formation of the “Bat” in case of a break below the lower border of the uptrend channel.
On the daily chart, EUR/JPY bulls are counting on the break of the upper border of the descending trend channel and advance to 88.6% target of the “Shark” pattern.
Bullish Ichimoku Cloud with rising Senkou Span A and B; a new golden cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen.
Bearish Ichimoku Cloud with horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with horizontal lines.
EUR/NZD broke resistance zone Next buy target - 1…
GBP/NZD reversed from support area Next buy target - 1…
Don’t you know what to trade? Trade oil!