Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

USD/JPY: the Bulls don’t want to give up
USD/JPY: the Bulls don’t want to give up

Expanding bearish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but narrowing channel of Tenkan-Kijun; the market is breaking out the resistance of Tenkan-sen and Kijun-sen.

AUD/USD: market is oversold
AUD/USD: market is oversold

Bearish Ichimoku Cloud with falling Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with falling Tenkan-sen; the market is oversold and aussie may go to Tenkan-sen in correctional movement.

EUR/USD:
EUR/USD: "V-Top" pattern

The pair is likely going to test the nearest support at 1.2313. If a pullback from this level happens little later on...

EUR/USD:
EUR/USD: "V-Bottom" pattern

The market is likely going to test the Moving Averages. If a pullback from these lines happens little later on...

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