Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

XAU/USD: gold made a pullback
XAU/USD: gold made a pullback

Recommendations: BUY $1324 SL $1309 TP1 $1354 TP2 $1374 TP3 $1394 SELL $1302 SL $1317 TP1 $1267 TP2 $1240 On the daily chart, XAU/USD has reached the targets of “Three Indians” pattern…

GBP/USD: pound in consolidation inside Tenkan-Kijun
GBP/USD: pound in consolidation inside Tenkan-Kijun

Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; a market returned into channel Tenakn-Kijun and may bounced from Kijun-sen to the positive area.

EUR/USD: euro supported by Kijun-sen
EUR/USD: euro supported by Kijun-sen

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 prices are returned into channel Tenkan-Kijun and supported by Kijun-sen.

GBP/USD: pound may go higher
GBP/USD: pound may go higher

Bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen; a market returned to the support of Kijun-sen and may continue an uptrend.

EUR/USD: euro corrected to Kijun-sen
EUR/USD: euro corrected to Kijun-sen

Bullish Ichimoku Cloud, but horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen; the prices are reached new highs and corrected to local support of Kijun-sen.

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