Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

EUR/USD: 34 MA acted as support
EUR/USD: 34 MA acted as support

It's likely that the pair is going to test the 89 MA soon. A pullback from this line could be a departure point for another...

USD/JPY: the Dollar supported by Senkou Span A
USD/JPY: the Dollar supported by Senkou Span A

Narrowing, but bullish Ichimoku Cloud with falling Senkou Span A; a correctional dead cross of Tenkan-sen and Kijun-sen with horizontal lines; the market had corrected to Cloud and supported by Senkou Span A.

AUD/USD: aussie hovering over cliff
AUD/USD: aussie hovering over cliff

Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a cancelled dead cross of Tenkan-sen and Kijun-sen; the market is under the strong resistance of 0.7780.

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