EUR/USD: bulls are retreating
Recommendation: SELL 1…
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
USD/JPY: the Dollar is under strong resistance
Bullish 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 is overbought and under the strong daily resistance.
AUD/USD: aussie returned to negative area
Expanding bearish Ichimoku Cloud with falling Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen, but the prices are had entered into the negative area.
USD/JPY: the yen plays cat and mouse
Recommendations: BUY 107…
USD/CHF: bulls got a chance
Recommendations: BUY 0…
GBP/USD: pound supported by Kijun-sen
Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a weak golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the prices are on the support of Kijun-sen.
EUR/USD: the Bears looks strong
Expanding bearish Ichimoku Cloud with falling Senkou Span A; a new dead cross of Tenkan-sen and Kijun-sen with the falling Tenkan-sen and Kijun-sen; the market returned to 3-W lows again.
EUR/JPY: euro is counterattacking
Recommendation: BUY 131…
XAU/USD: bears play false
Recommendations: BUY 1345 SL 1330 TP1 1374 TP2 1394 On the daily chart of XAU/USD, bears are trying to form the “Shakeout-Fakeout” pattern as the pair could not break the upper boundary of 1302-1340 consolidation…
GBP/USD: bulls are aimed at an uptrend
Recommendations: BUY 1…
USD/CAD: loonie fell from the ledge
Recommendation: SELL 1…
USD/JPY: the Dollar returned into positive area again
Narrow bullish Ichimoku Cloud with falling Senkou Span A; a cancelled dead cross of Tenkan-sen and Kijun-sen; the market had returned into the positive area, but there is a strong resistance on 107.30.
