GBP/USD: a good chance for the British pound
On the daily chart of GBP/USD, the pair may test the diagonal resistance (the upper boundary of the downward channel).
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
USD/CHF: Franc is weak
On the daily chart of USD/CHF, the pair hasn't reached targets of "Wolfe waves", "Shark" (113%) and AB=CD patterns.
USD/JPY: the Dollar fell to SSB
Bullish Ichimoku Cloud with rising Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen.
AUD/USD: aussie under daily’s resistance
Expanding bullish Ichimoku Cloud with rising Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with rising Kijun-sen.
GBP/USD: the Bulls got strength
Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a new golden cross of Tenkan-sen and Kijun-sen with rising lines.
EUR/USD: euro may test SSB’s resistance
Bearish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with horizontal lines.
USD/CAD: there are uncertainties
On the daily chart of USD/CAD, bulls and bears are fighting for the upper boundary of the downward channel.
XAU/USD: strong signals to buy gold
On the daily chart of XAU/USD, a retest of the upper boundary of the previous consolidation of 1,185-1,215 supported bulls.
USD/JPY: the Bulls don’t give up
Irregular bullish Ichimoku Cloud with falling Senkou Span B; a weak dead cross of Tenkan-sen and Kijun-sen.
AUD/USD: aussie is overbought
Bullish Ichimoku Cloud with rising Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen.
AUD/USD: the AUD left the downward channel
On the daily chart of AUD/USD, the pair managed to leave the downward channel.
NZD/USD: a strong NZD
On the daily chart of NZD/USD, a break of the upper boundary of the downward channel increased the bulls’ strength.
