USD/JPY: dollar corrected to SSA’s support
Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a cancelled golden cross of Tenkan-sen and Kijun-sen, the lines are horizontal.
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
AUD/USD: aussie in negative mood
Expanding bullish Ichimoku Cloud with falling Senkou Span A; a new dead cross of Tenkan-sen and Kijun-sen, but horizontal lines.
CAD/JPY reversed from resistance zone
CAD/JPY reversed from resistance zone Next sell target - 84…
GBP/CHF broke powerful support level 1.3040
GBP/CHF broke powerful support level 1…
USD/JPY: bullish 'High Wave'
The main intraday target is the next resistance at 113.53, which could be a starting point for a bearish correction...
EUR/USD: 'Shooting Star' and 'Harami'
The pair is likely going to test the closest support at 1.1575 in the coming hours...
Has oil lost momentum forever?
The oil market is always highly volatile.
GBP/USD: 'V-Top' pattern
It's likely that the pair is going to test the next support at 1.2994 - 1.2977. A pullback from this area could be a departure point for...
EUR/USD: 'Double Top' led to decline
The main intraday target is the closest support at 1.1590 - 1.1565. These levels could be a starting point for a bullish correction...
USD/JPY: the yen liked the “Shark”
On the daily chart of USD/JPY, there is the rally to 200% target of the AB=CD pattern.
EUR/JPY: bulls make a trap
On the daily chart of EUR/JPY, the pair keeps going up to 127.2% and 88.6% targets of “Perfect butterfly” and “Shark” patterns.
GBP/USD: pound on new lows
Expanding bearish Ichimoku Cloud with horizontal Senkou Span A and B; a new dead cross of Tenkan-sen and Kijun-sen.
