Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

GBP/USD:
GBP/USD: "Thorn" pattern

The price is likely going to test the nearest resistance at 1.3549 - 1.3569. If a pullback from this area happens...

USD/JPY: dollar breaking out SSB’s resistance
USD/JPY: dollar breaking out SSB’s resistance

Expanding bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen, with rising lines; the prices are under strong resistance and the market is overbought.

AUD/USD: aussie will correct to Tenkan
AUD/USD: aussie will correct to Tenkan

Bearish Ichimoku Cloud with falling Senkou Span B; a dead cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; the prices made a new lows, but the market is oversold and expected a correction to Tenkan-sen.

EUR/USD: ending diagonal pattern
EUR/USD: ending diagonal pattern

Ff a pullback from 5/8 MM Level happens, there'll be an opportunity to have wave [iii]. The main intraday target is +2/8 MM Level...

GBP/USD: pound entered into Cloud
GBP/USD: pound entered into Cloud

Narrowing bullish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen; the market is in correction movement to bottom border of the Cloud.

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