Trade of the Day: EUR/NZD
EUR/NZD continues to fall inside the 30-minute Falling Wedge chart pattern, which was earlier identified by Autochartist.
Market Analysis
Tuesday 07th February 2023 : Technical Outlook and Review
USD/JPY: Looking at the H4 chart, my overall bias for USDJPY is bullish due to the current price crossing above the Ichimoku cloud, indicating a bullish market.
Trade of the Day: CHF/JPY
CHF/JPY continues to rise inside the 15-minute Rising Wedge chart pattern, which was earlier identified by Autochartist.
Monday 6th February 2023 : Technical Outlook and Review
USD/JPY:
Looking at the H4 chart, my overall bias for USDJPY is bullish due to the current price crossing above the Ichimoku cloud, indicating a bullish market.
Trade of the Day: EUR/CAD
EUR/CAD continues to fall toward the key support level 1.4491, which was previously identified by Autochartist.
Friday 03rd February 2023 : Technical Outlook and Review
USD/JPY:
Looking at the H4 chart, my overall bias for USDJPY is bearish due to the current price crossing below the Ichimoku cloud, indicating a bearish market.
Trade of the Day: CAD/JPY
CAD/JPY continues to fall inside the 15-minute Falling Wedge chart pattern, which was recently identified by Autochartist.
Wednesday 02nd February 2023 : Technical Outlook and Review
USD/JPY:
Looking at the H4 chart, my overall bias for USDJPY is bearish due to the current price crossing below the Ichimoku cloud, indicating a bearish market.
Trade of the Day: EUR/USD
EUR/USD recently broke the hourly key resistance level 1.0881, which was recently identified by Autochartist.
Wednesday 01st February 2023 : Technical Outlook and Review
USD/JPY:
Looking at the H4 chart, my overall bias for USDJPY is bullish due to the current price crossing above the Ichimoku cloud, indicating a bullish market.