EUR/USD: euro inside a Cloud
Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a cancelled dead cross of Tenkan-sen and Kijun-sen with rising lines.
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
EUR/USD: the euro is strengthening
On the daily chart of EUR/USD, bears couldn’t break the support at 1.13, it signaled their weakness.
EUR/GBP: GBP gains momentum
On the daily chart of EUR/GBP, bulls couldn’t break the resistance at 0.891.
EUR/JPY: the euro doesn't have strength
On the daily chart of EUR/JPY, if bulls can’t pull the pair out of the downward channel and break the resistance at 128.85, it will signal their weakness.
USD/JPY: the USD is weak
On the daily chart of USD/JPY, bulls couldn’t break the resistance at 113.25 that signals their weakness.
USD/JPY: dollar can’t find direction
Narrowing bearish Ichimoku Cloud with rising Senkou Span A and falling Senkou Span B; a golden cross of Tenkan-sen and Kijun-sen.
AUD/USD: the Bulls returned to game
Bullish Ichimoku Cloud with rising Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with rising lines.
GBP/USD: the British pound may recover
On the daily chart of GBP/USD, the 88.6% target of the “Bat” pattern was reached. This situation increases risks of the rebound.
USD/CHF: the USD is strong
On a daily chart of USD/CHF a break of the resistance at 0.9985 let bulls continue to move up towards the 113% and 127.2% targets of the “Shark” and AB=CD patterns.
GBP/USD: pound updated October’s lows
Expanding bearish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen with falling Kijun-sen.
EUR/USD: the Bears looks strong
Expanding bearish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but the lines are horizontal.
USD/CAD: is the CAD stronger?
On the daily chart of USD/CAD, bears couldn’t keep the pair within the downward channel, it signals their weakness.
