Gold is in trouble
Recommendation: SELL $1236 SL $1246 TP1 $1224 TP2 $1210 On the daily chart, gold is testing the neckline of the “Head and Shoulders” pattern…
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
USD/JPY: Dollar tested SSB’s support
Narrow bearish Ichimoku Cloud with horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen and the lines are horizontal; the market is in a correction, tested the strong support of Senkou Span B.
GBP/USD: pound supported by Kijun-sen
Expanding bullish Ichimoku Cloud with rising Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen, rising Kijun-sen; the prices are in the channel of Tenkan-Kijun and supported by Kijun-sen.
NZD/USD: bulls showed strength
Recommendations: BUY 0…
GBP/USD remembered the triangle
Recommendation: SELL 1…
AUD/USD: aussie going higher
Bullish Ichimoku Cloud with extremely rising Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with rising lines; the prices are on the new 2Y-highs, but under the strong daily resistance.
GBP/USD: pound decided to correct
Bullish Ichimoku Cloud with rising Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen; the prices made a new local highs and corrected to Kijun-sen.
Citi: trade idea for GBP/JPY
Analysts at Citi recommend buying GBP/JPY at 147…
USD/CHF: franc is falling down
Recommendation: SELL 0…
EUR/USD: outlook is bullish
Recommendation: BUY 1…
AUD/USD: bulls got comfortable
Recommendation: BUY 0…
USD/JPY: Dollar entered into Cloudy area
Bullish Ichimoku Cloud, but horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen and the lines are horizontal; the market is in a correction to Senkou Span B – waiting for bouncing.
