GBP/USD: pound returned to Cloud’s support
Bullish Ichimoku Cloud with horizontal Senkou Span A and B; an irregular dead cross of Tenkan-sen and Kijun-sen with rising Kijun-sen.
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
EUR/USD: inside Cloud
Narrowing bullish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen with falling Tenkan.
AUD/USD: bears send Aussie to the bottom
The inability of bulls to stay in the previous consolidation range of 0.7320-0.7470 pointed at their weakness.
NZD/USD got disappointed
On the daily chart, NZD/USD keeps forming a “Head and shoulders” and AB=CD with a target at 161.8%.
USD/JPY: the Dollar on Cloud’s support
Narrowing bullish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen with falling Tenkan-sen.
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.
EUR/GBP: bulls got scared
On the daily chart, the inability of bulls to make EUR/GBP settle above the upper border of the 0.8700-0.9020 consolidation range points at their weakness.
EUR/USD: bulls made a stop
On the daily chart, EUR/USD keeps forming a “Shakeout-Fakeout” pattern.
GBP/USD: market is overbought
Irregular bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen.
EUR/USD: euro in consolidation to Cloud
Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen but narrow channel of Tenkan-Kijun.
USD/JPY is preparing for an attack
On the daily chart, USD/JPY bulls managed to lead the pair outside the long-term downtrend channel.
EUR/JPY is attacking a fortress
On the daily chart, a pullback of EUR/JPY after reaching 88.6% target of the “Bat” is dragging on.
