Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

AUD/USD: aussie has grown to Cloud
AUD/USD: aussie has grown to Cloud

Bearish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen; the market returned to bottom border of the Cloud.

GBP/USD: pound returned to SSB
GBP/USD: pound returned to SSB

Bearish Ichimoku Cloud with rising Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; the prices are in the negative area and had returned to SSB’s resistance.

XAU/USD: gold is in the dead zone
XAU/USD: gold is in the dead zone

Recommendation: SELL $1,3320 SL $1,3470 TP1 $1,3060 TP2 $1,2920 TP3 $1,2730 SELL $1,3430 SL $1,3580 TP1 $1,3060 TP2 $1,2920 TP3 $1,2730 On the daily chart of XAU/USD, bulls manage to hold off an enemy attack at the $1,306-1,308…

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