Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

GBP/USD: pound corrected to Kijun-sen
GBP/USD: pound corrected to Kijun-sen

Expanding bearish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; the prices are corrected to Kijun’s resistance and may continue the downtrend.

USD/JPY: Dollar may test SSB’s resistance
USD/JPY: Dollar may test SSB’s resistance

Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with the rising lines; the prices entered inside a Cloud and fixed up above Tenkan-sen.

AUD/USD: aussie going to 2W-lows
AUD/USD: aussie going to 2W-lows

Expanding bearish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen with the falling lines; the Bulls are breaking down the Cloud’s support and going to 2-week lows.

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