Daily Market Analysis

Expanding bullish Ichimoku Cloud, but horizontal Senkou Span A and B; a new golden cross of Tenkan-sen and Kijun-sen with horizontal Tenkan-sen and Kijun-sen; the market is in consolidation near the Cloud.

Narrow bearish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen; but the prices supported by Senkou Span B and entered to the channel Tenkan-Kijun.

Expanding bullish Ichimoku Cloud with rising Senkou Span A; a new golden cross of Tenkan-sen and Kijun-sen, rising Tenkan-sen; the market going to new highs.

On the GBP/USD daily chart, there is a unique situation…

On the NZD/USD daily chart, there is a correction towards the uptrend…

Narrow bullish Ichimoku Cloud; a golden cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen; the prices are under the strong resistance on daily timeframe.

Bullish Ichimoku Cloud, but falling Senkou Span A; a correctional dead cross of Tenkan-sen and Kijun-sen; the market is supported by the Cloud.

On the USD/CHF daily chart, the formation of doji-bar with the long upper shadow tells us about the Bulls’ weakness…

On the EUR/USD daily chart, there is a correction towards the upward near-term trend…

Narrow bullish Ichimoku Cloud with rising Senkou Span B; a dead cross of Tenkan-sen and Kijun-sen, horizontal Tenkan-sen and Kijun-sen; the prices supported by Senkou Span A and the market may go higher.

Bullish Ichimoku Cloud with falling Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen, falling Tenkan-sen; the market is in the correction to the Cloud.

On the AUD/USD daily chart, there was a rollback after target 88…