EUR/USD is losing ground
On the daily chart, bears managed to lead EUR/USD to the lower border of the 1.1510-1.1780 range.
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
USD/JPY: bears are attacking
On the daily chart, bears managed to seize the initiative and return USD/JPY to the long-term downtrend channel.
EUR/JPY: yen is hunting a “Bat”
On the daily chart of EUR/JPY, bears pulled the pair below an important support at 128.85 (38.2% of the long-term rising wave) and are trying to return it to the descending channel.
USD/JPY: the Bears continue sells
Bearish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen with falling lines
AUD/USD: aussie returned to 3W-highs
Expanding bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising lines.
GBP/USD: pound is getting ready for an attack
On the daily chart, GBP/USD keeps forming a “Shark” pattern. The pair got close to its 113% target near 1.2855.
USD/CHF: franc painted a triangle
USD/CHF is forming a “Triangle”. A break of its upper border near 1.0070 will open the way to the target of “Wolfe waves” pattern for buyers.
GBP/USD: pound on 1Y-lows
Expanding bearish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen and expanding channel Tenkan-Kijun.
EUR/USD: euro corrected to Cloud
Expanding bearish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen but narrowing channel Tenkan-Kijun.
USD/CAD: loonie aims for a break
On the daily chart of USD/CAD, bears launched an attack thanks to the formation of “Three Indians” and 1-2-3.
XAU/USD: bears got in a trap
On the daily chart, XAU/USD is correcting to the long-term uptrend. Bears are trying to form a “Shark” pattern with a target at 113% located at 1183.
USD/JPY: the Dollar supported by SSA
Bearish Ichimoku Cloud with rising Senkou Span B; an irregular dead cross of Tenkan-sen and Kijun-sen with horizontal lines.
