Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

EUR/USD: 'Double Top' pattern
EUR/USD: 'Double Top' pattern

The market is likely going to test the Moving Averages, which could be a departure point for another upward price movement...

GBP/USD: uptrend may continue
GBP/USD: uptrend may continue

Bullish Ichimoku Cloud, but the lines Senkou Span A and B are horizontal; a golden cross of Tenkan-sen and Kijun-sen was cancelled, but the prices above the strong support of the lines.

EUR/USD: euro supported by Kijun-sen
EUR/USD: euro supported by Kijun-sen

Expanding bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with the rising Tenkan-sen; the prices are corrected to Kijun-sen and on the support of the line.

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