Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

EUR/USD: euro got positive mood
EUR/USD: euro got positive mood

Bullish Ichimoku Cloud with rising Senkou Span B; a new golden cross of Tenkan-sen and Kijun-sen but the lines are horizontal.

Negative trend for the AUD
Negative trend for the AUD

The Australian currency keeps following the negative trend as a result of the market’s contagion by trade wars…

GBP/USD: pound stays on the shelf
GBP/USD: pound stays on the shelf

On the daily chart, bulls are trying to bring GBP/USD outside of the 1.2785-1.3050 consolidation range. It was formed in line with a “Spike and ledge”.

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