Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

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

The pair is likely going to test the 55 MA. If a pullback from this line happens, bulls will probably try to reach another resistance...

GBP/USD: pound supported by Senkou Span A
GBP/USD: pound supported by Senkou Span A

Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen, but the narrowing channel Tenkan-Kijun; the prices supported by Senkou Span A and returned to Kijun-sen.

EUR/USD: uptrend may continue
EUR/USD: uptrend may continue

Bullish Ichimoku Cloud, but horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; the market is inside of channel Tenkan-Kijun and supported by Tenkan-sen.

USD/JPY: bearish
USD/JPY: bearish "Harami"

Considering confirmation of this pattern, the market is likely going to test the next lower "Window" soon...

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