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.
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
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.
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.
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.
