Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

EUR/USD:
EUR/USD: "Shooting Star" pattern

We're likely going to have a local bearish correction. However, if a pullback from the Moving Averages happens little later on...

EUR/USD: price consolidating
EUR/USD: price consolidating

The main intraday target is the next resistance at 1.1875 - 1.1884. If a pullback from this area happens...

GBP/USD: pound is ready to start
GBP/USD: pound is ready to start

Narrow bearish Ichimoku Cloud with horizontal Senkou Span A and B; a weak dead cross of Tenkan-sen and Kijun-sen with narrowing channel of Tenkan-Kijun; the market in a positive area, on the strong support of Tenkan, Kijun and Senkou Span A.

EUR/USD: euro testing SSB’s resistance
EUR/USD: euro testing SSB’s resistance

Narrowing bearish Ichimoku Cloud, rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen; the prices are tested the resistance of Senkou Span B and exit to the positive area.

GBP/NZD is following a corrective cycle
GBP/NZD is following a corrective cycle

GBP/NZD has been riding a bearish sequence below the 200 SMA at H1 chart and looks forward to correct the most recent sharp decline, which has been holding since December 8th highs…

Bitcoin (BTC/USD) poised to do another leg lower
Bitcoin (BTC/USD) poised to do another leg lower

The corrective movement in Bitcoin continues to spread across the board and we are currently observing that it is finding support on the 200-hour moving average, around the 17,555 level…

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