EUR/USD: euro inside a cloud
Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a cancelled dead cross of Tenkan-sen and Kijun-sen with rising lines.
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
EUR/USD: bullish 'Engulfing' pushing price higher
The market is likely going to test the 34 Moving Average, which could act as resistance. If so, we should keep an eye on...
GBP/USD: 'Thorn' pattern points to correction
We're likely going to have a bearish correction soon. In this case, we should keep an eye on the next resistance
USD/CHF: the franc is trying to recover
On the daily chart of USD/CHF, the fast attack let bulls implement the 88.6% target of the “Shark” pattern.
GBP/USD: a possibility to buy the GBP
On the daily chart of GBP/USD, bears couldn’t pull the pair out of the upward channel and break below 1.3065.
USD/JPY: the Dollar supported by SSB
Narrowing bullish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen with falling lines.
AUD/USD: aussie corrected to Senkou Span A
Bearish Ichimoku Cloud but rising Senkou Span A; a new golden cross of Tenkan-sen and Kijun-sen with rising lines.
Another chance to trade GBP/USD
The monthly GDP growth figures will be released in the UK at 11:30 MT time on October 10.
XAU/USD: uncertainties
On the daily chart of XAU/USD, 1,180-1,215 consolidation keeps going.
Opportunity to sell the CAD
On the daily chart of USD/CAD, bulls continue implementing the “Wolfe waves” pattern and are going to implement the “Shark” patterns.
GBP/USD: 'V-Bottom' pushing price higher
The pairis likely going to test the nearest resistance at 1.3137 - 1.3162. A pullback from this area could be a starting point for...
GBP/USD: pound in positive mood
Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a new golden cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen.
