Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

USD/JPY: dollar is corrected to Kijun-sen
USD/JPY: dollar is corrected to Kijun-sen

Expanding  bullish Ichimoku Cloud with rising Senkou Span A; a cancelled golden cross of Tenkan-sen and Kijun-sen; the prices are returned to the support of Tenkan and Kijun and may go higher.

GBP/USD: positive sentiments returned to market
GBP/USD: positive sentiments returned to market

Expanding bullish Ichimoku Cloud, but horizontal Senkou Span A and B; a cancelled golden cross of Tenkan-sen and Kijun-sen, the lines are horizontal; the Bulls are gaining the strength and returned the prices above Kijun-sen.

GBP/USD: pound is overbought
GBP/USD: pound is overbought

Expanding bullish Ichimoku Cloud, rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with the rising Tenkan-sen; but the market is overbought – waiting for the correction.

EUR/USD: bulls returned into market
EUR/USD: bulls returned into market

Expanding bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising lines; the prices are breaking out the upper bound of the Cloud and may going higher.

XAU/USD: bears want more
XAU/USD: bears want more

Recommendation: SELL $1302 SL $1317 TP1 $1379 TP2 $1268 On the daily chart, bears managed to pull the pair below $1320…

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