USD/JPY: the Dollar reached main 4H-resistance
Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a cancelled golden cross of Tenkan-sen and Kijun-sen.
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
AUD/USD: aussie supported by Kijun-sen
Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with horizontal lines.
EUR/GBP: the euro is weak
On the daily chart of EUR/GBP, there is a test of the bottom line of the long-term consolidation of 0.87-0.902 within the "Spike and ledge" pattern.
EUR/USD: EUR may break a psychological low
On the daily chart of EUR/USD, bulls couldn't pull the pair out of the short-term consolidation of 1.13-1.15 and to targets of the "Wolfe waves",
USD/JPY: the USD will weaken
On the daily chart of USD/JPY, bulls managed to stick above the important level of 113.27.
EUR/JPY: the Japanese yen is strong
On the daily chart of EUR/JPY, the "Broadening wedge" pattern is at its last stage of the formation.
EUR/USD: 'Harami' pattern led to decline
We should watch the nearest support at 1.1383 as an intraday target. A pullback from this level could lead to...
GBP/USD: 'Flag' points to another bullish rally
It's likely that the pair is going to reach the closest resistance at 1.3181 within the next few hours...
GBP/USD: pound still strong
Bullish Ichimoku Cloud, but the lines Senkou Span A and B are horizontal; a golden cross of Tenkan-sen and Kijun-sen with horizontal lines.
EUR/USD: euro returned inside a Cloud
Narrow bearish Ichimoku Cloud with horizontal Senkou Span A and B; a new golden cross of Tenkan-sen and Kijun-sen with horizontal lines.
RBA vs. RBNZ: what is the difference?
The antipodean central banks are seemed to do pretty well with the weak currency. Aren’t they?
GBP/USD: a good chance for the British pound
On the daily chart of GBP/USD, the pair may test the diagonal resistance (the upper boundary of the downward channel).
