Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

AUD/USD: the bears looks for 0.7500
AUD/USD: the bears looks for 0.7500

Expanding bearish Ichimoku Cloud with huge diapason and falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, falling Kijun-sen; the market is on the new lows again, but the main target of the Bears is 0.7500.

Bitcoin (BTC/USD) in a bearish corrective phase
Bitcoin (BTC/USD) in a bearish corrective phase

We have seen that the bears have resumed the reins of the price action in Bitcoin, which is trading below the 50-hour moving average, after having encountered resistance at the level of 9609…

USD/JPY: bullish 'Hammer'
USD/JPY: bullish 'Hammer'

The market is likely going to test the upper 'Window" pretty soon. If any bearish pattern forms afterwards...

EUR/USD: bearish 'Harami'
EUR/USD: bearish 'Harami'

The market is likely going to continue declining towards the nearest support area in the short term...

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