Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

GBP/USD: main trend still bullish
GBP/USD: main trend still bullish

We could have a bearish correction towards the nearest support area at 1.3430, which could be a departure point for another bullish rally...

GBP/USD: pound reached 3W-maximums
GBP/USD: pound reached 3W-maximums

Bearish Ichimoku Cloud, horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen, with horizontal lines; the prices are under strong resistance of 1.3460.

EUR/USD: euro on November highs
EUR/USD: euro on November highs

Expanding bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising lines, but the market is on the 5W-highs and expected a correction.

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