Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

EUR/USD: "Double Top" pattern

The price is testing the 34 Moving Average. If this line turns out to be broken, bears are going to reach the next support...

GBP/USD: bulls can’t maintain uptrend
GBP/USD: bulls can’t maintain uptrend

Expanding bullish Ichimoku Cloud with rising Senkou Span A; a cancelled dead cross of Tenkan-sen and Kijun-sen; the market on the support of Tenkan-sen and Kijun-sen, but it needs correction to Cloud.

EUR/USD: euro will return to Cloud
EUR/USD: euro will return to Cloud

Expanding bullish Ichimoku Cloud, rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-se, but narrowing channel of Tenkan-Kijun; the market breakdown the support of Kijun and will test the Cloud’s support.

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