Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

EUR/USD inside an offer zone
EUR/USD inside an offer zone

EUR/USD gained momentum during Wednesday’s session, following the Federal Reserve’s decision to hike rates for third time in 2017…

USD/JPY:
USD/JPY: "High Wave" pattern

We could have just a local upward correction in the short term. Nevertheless, bears are likely going to test the lower "Window"...

EUR/USD:
EUR/USD: "Triple Bottom" pattern

All the Moving Averages have been broken. The main intraday target is the next support at 1.1814, which could be a departure point for...

USD/JPY: dollar testing Cloud’s support
USD/JPY: dollar testing Cloud’s support

Narrowing bullish Ichimoku Cloud with horizontal Senkou Span A and B; a cancelled golden cross of Tenkan-sen and Kijun-sen; the prices are entered into the Cloud, but supported by Senkou Span B.

EUR/USD: euro returned to positive area
EUR/USD: euro returned to positive area

Narrowing bearish Ichimoku Cloud, rising Senkou Span A; a cancelled dead cross of Tenkan-sen and Kijun-sen with rising lines; the prices are returned to the positive area and may go higher.

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