Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

EUR/USD: local 'V-Top' pattern
EUR/USD: local 'V-Top' pattern

The market is likely going to continue declining. The main intraday target is the next support at 1.1526 - 1.1508...

USD/CHF: franc painted a triangle
USD/CHF: franc painted a triangle

USD/CHF is forming a “Triangle”. A break of its upper border near 1.0070 will open the way to the target of “Wolfe waves” pattern for buyers.

GBP/USD: pound on 1Y-lows
GBP/USD: pound on 1Y-lows

Expanding bearish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen and expanding channel Tenkan-Kijun.

EUR/USD: euro corrected to Cloud
EUR/USD: euro corrected to Cloud

Expanding bearish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen but narrowing channel Tenkan-Kijun.

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