Daily Market Analysis

On the daily chart, EUR/GBP is making a long-term consolidation in the 0.87-0.9015 range within a “Spike and ledge” pattern on the basis of 1-2-3. Within it, the pair formed a medium-term consolidation range of 0.87-0.89.

On the daily chart, EUR/USD keeps consolidating in the 1.1515-1.1815 range. Bulls keep hoping to form a “Dragon” and a “Crab”.

Irregular bullish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen with falling lines.

CAD/CHF broke resistance zone Next buy target - 0…

AUD/CHF broke resistance zone Next buy target - 0…

It’s not a surprise that the Brexit remains the main driver of the GBP.

There's no any reversal pattern so far, but if we have some, there'll be an opportunity to have a bearish correction towards...

If the nearest Moving Averages act as resistance, there'll be a moment for another decline towards the next support at 1.1633...

The market is likely going to reach the closest resistance at 1.3253. Meanwhile, if a pullback from this level happens next...

The main intraday target is the next support at 1.1649 - 1.1630. A pullback from this level could be a departure point for...

On the daily chart of USD/JPY, bulls managed to conquer diagonal resistance in the form of the upper border of the downtrend channel and lead the pair in the empty area.

EUR/JPY is forming a “Spike and reversal with acceleration”. Bulls are dominating at the market, so pullbacks to dynamic support (EMA21) may be used for buying.