AUD/USD: aussie under Kijun’s resistance
Expanding bearish Ichimoku Cloud with falling Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with falling Tenkan-sen.
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
Too much pessimism about the NZD?
The New Zealand’s dollar has long ago fallen out of traders’ favor…
EUR/USD: 'Shooting Star' on 34 MA
There's also a bullish 'Engulfin', so the pair is likely going to test the nearest resistance at 1.1503...
Trade the CAD ahead of the BOC meeting
Traders like central bank meetings as they drive markets a lot.
GBP/USD: bears stopped by the last 'Thorn'
We should keep an eye on the nearest resistance at 1.3032 - 1.3047 as an intraday target. If a pullback from these levels forms...
USD/CAD: the CAD is strong
On the daily chart of USD/CAD, the pair keeps reaching targets of “Shark” and “Wolfe waves” patterns.
XAU/USD: strong signals to buy the gold
On the daily chart of XAU/USD, the pair keeps reaching targets of “Dragon” and “Crab” patterns.
GBP/USD: pound on October's lows
Expanding bearish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen with falling lines.
EUR/USD: euro keep staying on daily support
Expanding bearish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but narrowing channel of Tenkan-Kijun.
The ups and downs of the Mexican peso
The new agreement between the United States, Mexico and Canada (USMCA) did not result in the long-term strengthening of the Mexican peso. Let's find out the reasons why.
Can the USD keep strengthening?
The US dollar index is trading near the 2018 highs…
EUR/USD: price to test the nearest resistance
A pullback from 1.1555 could be a starting point for another decline towards the next support at 1.1392...
