EUR/USD: euro resists correction
Recommendation BUY 1…
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
USD/CHF: bulls showed weakness
On the daily chart, bulls didn’t manage to push USD/CHF above resistance at 0…
GBP/USD: price near the last high
There's a consolidation, which is taking place below resistance at 1.2705. So, the pair is likely going to achieve the 34 MA.
EUR/USD: market going to reach next resistance
The price is consolidating near the 55 Moving Average. It seems like bulls are going to test the 34 MA.
GBP/USD: pound in correction to Cloud
Narrowing bearish Ichimoku Cloud; rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen; the local market in a correction phase and the bulls may go higher.
EUR/USD: euro hung on Tenkan-Kijun
Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but rising Tenkan-sen; the bulls could breakout the Kijun’s resistance.