AUD/USD: bulls showed their weakness
On the AUD/USD daily chart, the bulls for the second time in the last couple of days tried to push quotes out of the downward trading channel…
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
AUD/USD: bulls are stopped by Cloud
Bearish Ichimoku Cloud, horizontal Senkou Span A and B; a new golden cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; the prices are under strong resistance of the Cloud.
EUR/USD: euro needs a correction
Bullish Ichimoku Cloud, but Senkou Span A and B are horizontal; a cancelled golden cross of Tenkan-sen and Kijun-sen, the lines are horizontal; the prices are under strong resistance on daily timeframe; the local market is overbought.
USD/CHF: franc is trying to hit parity level
On the USD/CHF daily chart, the "bears" failed to settle down below the important support at 0…
USD/JPY: bulls benefited from the gap formation
On the USD/JPY daily chart, the bulls with the help of a gap reached the resistance at 110…
GBP/USD: pound drew the inner bar
On the GBP/USD daily chart, there is a consolidation after a sudden rebound…
NZD/USD: bulls were spooked by their own audacity
On the NZD/USD daily chart, the bulls managed to kick the quotes out of the downward trading channel…
AUD/USD: aussie corrected to Kijun-sen
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.
EUR/USD: breakout SSB’s resistance
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.
EUR/USD: bulls took a break
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…
USD/CAD: bears faced with the wedge
On the USD/CAD daily chart, there was a false breakout of the lower border of the upward trading channel…
USD/JPY: Dollar in consolidation to Cloud
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.
