Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

Sell AUD/JPY
Sell AUD/JPY

According to the NAB Research, the AUD/JPY pair will break support levels displaying the strong yen and the weak Australian dollar…

GBP/USD:
GBP/USD: "Double Bottom" pattern

The 34 Moving Average has acted as support. In this case, we should keep an eye on the next resistance at 1.4233 - 1.4277...

EUR/USD:
EUR/USD: "Flag" pattern

The market is likely going to test the next resistance at 1.2412 - 1.2445. If a pullback from this area happens little later on...

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.

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