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.
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
GBP/USD: pound keep staying inside Cloud
Narrow bearish Ichimoku Cloud with horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with narrow channel Tenkan-Kijun.
EUR/USD: euro under strong resistance
Narrow bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with horizontal lines.
EUR/GBP: will buyers get higher?
Recommendation: BUY 0…
EUR/USD: euro got the initiative
On the daily chart, EUR/USD bulls are ready to trigger “Shakeout-Fakeout” pattern.
USD/JPY: a shark in the waves
USD/JPY recovered from an important support level at 109.9 (38.2% of the long-term descending wave) and inspired bulls for counterattack.
EUR/JPY: bulls counterattacked
On the daily chart, EUR/JPY pulled back to 50% of the wave CD after reaching 88.6% target of the “Bat”.
USD/JPY: the Dollar is under Cloud’s pressure
Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen.
AUD/USD: bears in game
Narrow bearish Ichimoku Cloud with falling Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen but narrowing channel Tenkan-Kijun.
GBP/USD is like a phoenix
On the daily chart, GBP/USD keeps forming a “Spike and reversal with acceleration”.
USD/CHF: too little space in the triangle
On the daily chart, USD/CHF broke below the lower border of a triangle and the uptrend channel.
GBP/USD: pound will test SSB’s resistance
Bearish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with narrow channel Tenkan-Kijun.
