NZD/USD: a good chance for the NZD
Recommendation: BUY 0…
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
AUD/USD: let's buy the AUD
On the daily chart of AUD/USD, bulls have been trying to implement the “Shark” pattern and pull the pair to its 88.6% target.
GBP/USD: the Bears still active
Expanding bearish Ichimoku Cloud, but horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with falling Tenkan-sen.
EUR/USD: euro goes to August’s lows
Bearish Ichimoku Cloud with horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen, but the lines are horizontal.
EUR/USD: a possible rise for the euro
On a daily chart of EUR/USD, the pair managed to break the support at 1.1430, which activated “Shark” and AB=CD patterns.
EUR/GBP: the euro is stronger
On the daily chart of EUR/GBP, bears couldn’t pull the pair below the bottom line of the long-term channel of 0.87-0.902, it signals their weakness.
USD/JPY: dollar/yen still in negative mood
Bearish Ichimoku Cloud with horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen, but the lines are horizontal.
AUD/USD: aussie updated lows
Expanding bearish Ichimoku Cloud with falling Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with falling lines.
GBP/USD: pound reached 1.2900
Expanding bearish Ichimoku Cloud but horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with horizontal lines.
EUR/USD: euro updated 2M-lows
Expanding bearish Ichimoku Cloud with falling Senkou Span B; a dead cross of Tenkan-sen and Kijun-sen, but the lines are horizontal.
EUR/JPY: euro is weaker than yen
On the daily chart of EUR/JPY, bears managed to pull the pair back to the medium term downward channel and implement the “Shark” pattern.
USD/JPY: how to trade the pair?
On the daily chart of USD/JPY, bears have been testing the bottom line of the upward channel.
