Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

AUD/USD: expected correction to Kijun
AUD/USD: expected correction to Kijun

Narrowing bearish Ichimoku Cloud with falling Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen, but the narrowing channel of Tenkan-Kijun; the market is under strong resistance of 0.7680.

XAU/USD: bears prepare a trap
XAU/USD: bears prepare a trap

Recommendation: SELL $1267 SL $1282 TP1 $1237 TP2 $1212 On the daily chart, XAU/USD is retesting the lower border of the previous consolidation range of $1264-1298 an ounce…

EUR/USD: "V-Bottom" pattern

The main intraday target is the next resistance at 1.1814 - 1.1859. If a pullback from these levels happens...

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