USD/JPY: the Dollar returned to August’s highs
Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with extremely narrow diapason.
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
AUD/USD: aussie returned to negative zone
Narrow bearish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen under the Cloud with narrow diapason.
GBP/USD: bulls are preparing another test
On the daily chart, GBP/USD keeps forming a “Spike and reversal with acceleration”.
USD/CHF: franc wants more
On the daily chart of USD/CHF, a break of the lower levels of a triangle and the uptrend channel allowed bulls to seize the initiative and form a “Spike and ledge”.
GBP/USD: pound inside Cloud yet
Narrowing bearish Ichimoku Cloud with horizontal Senkou Span A and falling Senkou Span B.
EUR/USD: euro goes to July highs
Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen.
USD/CAD: Canadian dollar is in charge
On the daily chart of USD/CAD, sellers attempted to trigger a “Bat” pattern with a target at 88.6%.
XAU/USD: gold is attacking
XAU/USD keeps trying to reach 161.8% and 200% targets of “Crab” and AB=CD. To enter a long position, use the “Three touches” strategy.
USD/JPY: the Dollar supported by Cloud
Narrow bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with rising Kijun-sen.
AUD/USD: aussie can’t stay in positive area
Narrow bearish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen under the Cloud.
AUD/USD is catching a butterfly
AUD/USD is fighting for an important level of 0.7320. It corresponds to the lower border of the previous consolidation range at 0.7320-0.7470.
NZD/USD is counting on AB=CD
NZD/USD failed at the first test of the lower border of the 0.6710-0.685 consolidating range and the upper border of the downtrend channel.
