Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

GBP/USD: bullish "Flag" pattern
GBP/USD: bullish "Flag" pattern

The pair is likely going to reach the next resistance at 1.3996 - 1.4069. However, if we have a pullback from these levels...

EUR/USD: "Thorn" pattern
EUR/USD: "Thorn" pattern

We should keep an eye on the Moving Averages as the nearest bullish target. A pullback from these lines could be...

GBP/USD: pound still supported by Cloud
GBP/USD: pound still supported by Cloud

Expanding bullish Ichimoku Cloud, but falling Senkou Span B(!); a golden cross of Tenkan-sen and Kijun-sen; the market supported by Cloud, but the Bulls can’t continue an existing uptrend.

EUR/USD: hard days of Euro
EUR/USD: hard days of Euro

Narrow bearish Ichimoku Cloud with falling Senkou Span A and B; a new dead cross of Tenkan-sen and Kijun-sen with falling Tenkan-sen; the prices are fell down into the negative area.

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