Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

GBP/USD: the Bulls are still strong
GBP/USD: the Bulls are still strong

Bullish Ichimoku Cloud, but the lines Senkou Span A and B are horizontal; a golden cross of Tenkan-sen and Kijun-sen with the horizontal lines; the market is going to local highs.

EUR/USD: euro wants to go higher
EUR/USD: euro wants to go higher

Expanding bullish Ichimoku Cloud with rising Senkou Span A; a new golden cross of Tenkan-sen and Kijun-sen with the rising lines; the prices are fixed in the positive area supporting by the Cloud.

USD/JPY:
USD/JPY: "High Wave" pattern

If a pullback from the Moving Averages happens little later on, there'll be an opportunity to have another decline...

EUR/USD: bullish
EUR/USD: bullish "Harami"

There's a pullback from the Moving Averages, so the pair is likely going to continue moving up...

USD/JPY: new lows of the Dollar
USD/JPY: new lows of the Dollar

Expanding bearish Ichimoku Cloud with falling Senkou Span A and B; the falling lines Tenkan-sen and Kijun-sen; the market made a new lows since Nov 2016.

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