Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

EUR/GBP: the euro is weak
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.

GBP/USD: pound still strong
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.

USD/CHF: Franc is weak
USD/CHF: Franc is weak

On the daily chart of USD/CHF, the pair hasn't reached targets of "Wolfe waves", "Shark" (113%) and AB=CD patterns.

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