Daily Market Analysis

On the EUR/USD daily chart, a break of the resistance at 1…

Narrowing bearish Ichimoku Cloud and rising Senkou Span A and B; a new golden cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen; the prices fixed above the daily Cloud, but there is a strong resistance on 112.30.

Expanding bullish Ichimoku Cloud with rising Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen,  rising Tenkan-sen and Kijun-sen; the market made a new local highs, but there is a strong resistance on 0.7690-0.7700.

Expanding bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen,  rising Tenkan-sen; the bulls trying to breakout a strong resistance on 0.7610/30.

Narrow bearish Ichimoku Cloud; rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen but horizontal Tenkan-sen and Kijun-sen; the market is breaking out through the SSB’s resistance and made a new H4-highs.

Expanding bullish Ichimoku Cloud, rising Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen and  Kijun-sen; the prices are supported by Tenkan-sen and Kijun-sen.

Expanding bullish Ichimoku Cloud with rising Senkou Span A; a new golden cross of Tenkan-sen and Kijun-sen; the bulls entered to positive area passing through the Cloud’s resistance.

On the GBP/USD daily chart, there is a realization of the Wolfe Waves pattern…

Recommendation: BUY 0,7297 SL 0,7242 TP 0,7445…

Narrowing bearish Ichimoku Cloud; rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with falling Kijun-sen; the market is under strong resistance of the 4H-Cloud.

Narrow bearish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; the market bounced from the top border of the Cloud and Bears may continue selling.

Recommendation BUY 1…