Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

GBP/USD: the Bears tests new lows
GBP/USD: the Bears tests new lows

Expanding bearish Ichimoku Cloud with falling Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen but the lines are horizontal.

EUR/GBP got lost in the corridor
EUR/GBP got lost in the corridor

On the daily chart, EUR/GBP keeps consolidating in the 0.8700-0.9020 range in line with the “Spike and ledge” pattern on the basis of 1-2-3.

EUR/USD: will the euro fall?
EUR/USD: will the euro fall?

On the daily chart, EUR/USD keeps consolidating in the 1.1510-1.1780 range in line with the “Spike and ledge” pattern on the basis of 1-2-3.

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