Daily Market Analysis

On the AUD/USD daily chart, there is a consolidation in the range of 0…

On the USD/CAD daily chart, target 113% of the Shark pattern has been fulfilled…

Technical levels: support – 1…

Expanding bullish Ichimoku Cloud, but horizontal Senkou Span A and B; a new golden cross of Tenkan-sen and Kijun-sen with horizontal Tenkan-sen and Kijun-sen; the market is in consolidation near the Cloud.

The ranges were small today in Asia…

GBP/AUD managed to reach the 200 SMA at H4 chart, but it was sold-off in a supply zone established by our Fibonacci projections…

CAD/CHF reached buy target 0…

AUD/CHF rising inside minor impulse wave 3 Next buy target - 0…

The British pound fell against the dollar in the past week as the UK data indicated that manufacturing, industrial and construction output declined in May…

Bulls faced a resistance area, but we still don't have any bearish pattern. So, we could have the price a little bit higher in the coming hours.

We've got a bearish "Tower", which has been confirmed enough. Therefore, the market is likely going to reach the nearest support.

There's a possible flat pattern in wave (ii). Also, we've got an impulse in wave i. If a pullback from 6/8 MM Level happens in the coming hours...