Daily Market Analysis

On the GBP/USD daily chart, there is a consolidation after a sudden rebound…

On the NZD/USD daily chart, the bulls managed to kick the quotes out of the downward trading channel…

Expanding bearish Ichimoku Cloud, falling Senkou Span A; a new dead cross of Tenkan-sen and Kijun-sen, falling Tenkan-sen; the prices are in channel Tenkan-Kijun under a strong resistance of Kijun-sen and Senkou Span A.

Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen, rising Kijun-sen; the prices are breaking out the resistance of SSB; local market is overbought.

On the EUR/USD daily chart, there was a rebound of quotes from the lower boundary of the medium-term rising channel with the subsequent breakout of the upper boundary of the short-term downward channel…

On the USD/CAD daily chart, there was a false breakout of the lower border of the upward trading channel…

Bearish Ichimoku Cloud with horizontal Senkou Span A and B; a weak golden cross of Tenkan-sen and Kijun-sen; the prices are under pressure of the Cloud.

Bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen; the prices are on the local support; but the market is overbought.

Narrow bearish Ichimoku Cloud, Senkou Span A and B are horizontal; a cancelled golden cross of Tenkan-sen and Kijun-sen, the lines are horizontal; the prices are on the support of the bottom Cloud’s border.

Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a new golden cross of Tenkan-sen and Kijun-sen; the prices are tested the resistance if upper border of the Cloud.

On the USD/JPY daily, the quotes reached the lower border of the downward trading channel, but, then, they returned 108…

On the EUR/JPY daily chart, quotes fell to the lowest level since November 2016…