Expanding bearish Ichimoku Cloud with falling Senkou Span A and B; a new dead cross of Tenkan-sen and Kijun-sen with falling Tenkan-sen; the prices are under the resistance of Senkou Span A.
Daily Market Analysis
GBP/JPY is currently facing a dynamic support around the 200 SMA at H1 chart and trades inside a demand zone established by our Fibonacci projections…
EUR/USD broke strong support area Next sell target - 1…
NZD/CAD reversed from support zone Next buy target - 0…
The price reached the nearest resistance, but there isn't any reversal pattern so far. So, bulls are likely going to...
It's likely that the price is going to test the nearest support area, which could be a departure point for...
It seems like bears are ready to move on, so we could have a new local low soon...
Bears faced with support at 1.1615, so the price is consolidating. The main intraday target is the next support at 1.1582 - 1.1560...
Recommendations: BUY 0…
Recommendation: SELL 1…
Bearish Ichimoku Cloud, falling Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen, falling Tenkan-sen and Kijun-sen; but the prices are on the strong daily support.
Narrowing bearish Ichimoku Cloud with falling Senkou Span B; a cancelled golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the prices are in negative area, but on the strong support of 1.3100.