Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

AUD/USD: the Bears testing SSA’s support
AUD/USD: the Bears testing SSA’s support

Narrow bearish Ichimoku Cloud with horizontal Senkou Span A and B; a cancelled golden cross of Tenkan-sen and Kijun-sen, the lines are horizontal; the prices returned to the SSA’a support.

EUR/USD: euro in correction to Cloud
EUR/USD: euro in correction to Cloud

Bullish Ichimoku Cloud, but with horizontal Senkou Span A and B; a cancelled golden cross of Tenkan-sen and Kijun-sen with the horizontal lines; the prices in a correctional movement, but will return to Tenkan and Kijun soon.

EUR/USD: bearish
EUR/USD: bearish "Engulfing"

The price is likely going to test the nearest support level, which could be a departure point for another bullish rally...

EUR/USD:
EUR/USD: "Triple Top" pattern

The market is likely going to reach the nearest support area at 1.1821 - 1.1792. If a pullback from these levels happens little later on...

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