Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

GBP/USD: pound is inside a channel Tenkan-Kijun
GBP/USD: pound is inside a channel Tenkan-Kijun

Bearish Ichimoku Cloud with horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with horizontal lines; the market had entered into the channel Tenkan-Kijun and may correcting to the Kijun’s levels.

EUR/USD: euro entered into Cloud
EUR/USD: euro entered into Cloud

Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a cancelled dead cross of Tenkan-sen and Kijun-sen with horizontal lines; the market testing the Cloud’s resistance.

GBP/USD: pound corrected to Tenkan-sen
GBP/USD: pound corrected to Tenkan-sen

Expanding bearish Ichimoku Cloud with falling Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with the falling lines; the market made a new lows and in correctional movement to Tenkan-sen now.

EUR/USD:  counterattack of the Bulls
EUR/USD: counterattack of the Bulls

Bearish Ichimoku Cloud, but rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen; the market made a new lows and bounced to Kijun-sen.

USD/JPY: Dollar entered inside a negative area
USD/JPY: Dollar entered inside a negative area

Bearish Ichimoku Cloud with falling Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen, but the lines are horizontal and narrowing channel Tenkan-Kijun; the bears are breakdown the support of Senkou Span A, Tenkan-sen and Kijun-sen and the market may continue existing downtrend.

AUD/USD: aussie had continue downtrend
AUD/USD: aussie had continue downtrend

Bearish Ichimoku Cloud with falling Senkou Span A and B; a new dead cross of Tenkan-sen and Kijun-sen with the falling lines; the market made a new lows of the year, but  there is a strong support on 0.7690.

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