USD/JPY: the Dollar fell to Kijun-sen
Narrowing bullish Ichimoku Cloud with falling Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with narrowing channel Tenkan-Kijun.
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
AUD/USD: aussie returned to November’s highs
Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a cancelled dead cross of Tenkan-sen and Kijun-sen with horizontal lines.
A trade idea for USD/MXN
USD/MXN has met resistance at the line connecting 2017 and 2018 highs.
USD/CHF: a bearish flag
USD/CHF formed a bearish “flag”. It’s trading below the 50-day MA at 0.9937.
GBP/USD: pound has no strength
Irregular bearish Ichimoku Cloud with rising Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with horizontal lines.
EUR/USD: euro goes lower
Expanding bearish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen with falling lines.
USD/CHF: will the pair rise?
On a daily chart of USD/CHF, there is a reversal as a part of a transformation of the “Shark” pattern into 5-0.
GBP/USD: bears can pull the pair down
On a daily chart of GBP/USD bears managed to pull the pair to the lower border of the triangle.
USD/CAD: bulls control the situation
On a daily chart of USD/CAD, the targets of “Shark” (88.6%) and “Wolfe Waves” patterns were reached.
XAU/USD: the gold can rise
On a daily chart of XAU/USD, the upper border of the downward channel remains the resistance for the pair.
USD/JPY: the Dollar in positive mood
Irregular narrow bearish Ichimoku Cloud with horizontal Senkou Span A and B; a cancelled golden cross of Tenkan-sen and Kijun-sen with horizontal lines.
AUD/USD: aussie keep staying inside a Cloud
Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a cancelled dead cross of Tenkan-sen and Kijun-sen with horizontal lines.
