Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

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

We could have a decline towards the nearest support at 1.3799 - 1.3763. If a pullback from this area forms little later on...

XAU/USD: bulls are counterattacking
XAU/USD: bulls are counterattacking

Recommendations: BUY $1328 SL $1313 TP2 $1346 TP2 $1358 SELL $1302 SL $1317 TP1 $1272 TP2 $1245 On the daily chart of XAU/USD, bulls to continue the rally to 127…

USD/JPY: Dollar corrected to Kijun-sen
USD/JPY: Dollar corrected to Kijun-sen

Bearish Ichimoku Cloud with falling Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen, but rising Tenkan; the market had corrected to Kijun’s resistance and now may continue the downtrend.

AUD/USD: aussie in correction to Cloud
AUD/USD: aussie in correction to Cloud

Bearish Ichimoku Cloud, but rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen; the market is in correctional movement to the Cloud and the prices are breaking out the Kijun’s resistance.

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