Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

GBP/USD: bearish
GBP/USD: bearish "Pennant"

The pair is likely going to achieve the nearest support at 1.3741. Meanwhile, if a pullback from this level happens afterwards...

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.

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