USD/JPY: the Dollar updated August’s lows
Bearish Ichimoku Cloud with falling Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen.
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
AUD/USD: aussie corrected to positive zone
Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising lines.
AUD/USD: trading opportunuties
On the daily chart, AUD/USD pulled back after reaching 113% target of the “Double top”.
NZD/USD: a downtrend may resume
On the daily chart, NZD/USD reached 224% target of junior AB=CD and bulls are trying to counterattack.
GBP/USD: pound is oversold
Bearish Ichimoku Cloud with horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen but narrowing channel Tenkan-Kijun.
EUR/USD: euro correcting to Cloud
Bearish Ichimoku Cloud with horizontal Senkou Span A and B; a new golden cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen.
EUR/GBP: bulls aim for a breakthrough
EUR/GBP can’t leave the consolidation range of 0.87-0.9020. It was formed in line with the “Spike and ledge” pattern.
EUR/USD: bears control the euro
On the daily chart, bears are in control. They are still hoping to push the pair to 200% target of AB=CD.
USD/JPY: the Bears may continue downtrend
Bearish Ichimoku Cloud with falling Senkou Span B; a cancelled golden cross of Tenkan-sen and Kijun-sen.
AUD/USD: aussie in correction to Cloud
Bearish Ichimoku Cloud with horizontal Senkou Span A and B; a cancelled dead cross of Tenkan-sen and Kijun-sen with horizontal lines.
USD/JPY: yen is hunting for crabs
On the daily chart, bears are trying to keep USD/JPY inside the long-term downtrend channel.
EUR/JPY: no one wanted to give in
On the daily chart, EUR/JPY reached 88.6% target of the “Bat”.
