Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

EUR/JPY: bulls make a trap
EUR/JPY: bulls make a trap

On the daily chart of EUR/JPY, the pair keeps going up to 127.2% and 88.6% targets of “Perfect butterfly” and “Shark” patterns.  

GBP/USD: pound on new lows
GBP/USD: pound on new lows

Expanding bearish Ichimoku Cloud with horizontal Senkou Span A and B; a new dead cross of Tenkan-sen and Kijun-sen.

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