Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

EUR/USD: bearish
EUR/USD: bearish "Shooting Star"

The 55 Moving Average is likely going to act as support. A pullback from this line will be a green light for another bullish rally...

GBP/USD: new local high
GBP/USD: new local high

If a pullback from the nearest resistance at 1.4129 happens, there'll be an opportunity to have a bearish correction...

EUR/USD: no any reversal pattern
EUR/USD: no any reversal pattern

The pair is likely going to test the next resistance at 1.2358 - 1.2398. This area could be a departure point for a bearish correction...

GBP/USD: strong bullish offensive
GBP/USD: strong bullish offensive

Bullish Ichimoku Cloud with rising Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with rising lines; a market reached new highs over 1.4000.

EUR/USD: euro reached new highs
EUR/USD: euro reached new highs

Expanding bullish Ichimoku Cloud with rising Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen; the prices are supported by Cloud, Tenkan-sen and Kijun-sen and a market is ready to go higher.

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