Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

EUR/USD: "V-Bottom" pattern
EUR/USD: "V-Bottom" pattern

The market is likely going to achieve the next resistance at 1.1668 - 1.1695. If a pullback from this area happens...

USD/JPY: dollar returned to Cloud
USD/JPY: dollar returned to Cloud

Expanding bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen; the prices are tested the resistance of 114.40 and returned to support of the Cloud.

GBP/USD: pound will test SSA
GBP/USD: pound will test SSA

Expanding bearish Ichimoku Cloud with falling Senkou Span A and B; a new dead cross of Tenkan-sen and Kijun-sen with falling Tenkan-sen; the prices are under the resistance of Senkou Span A.

USD/JPY: bullish "Doji"
USD/JPY: bullish "Doji"

The price reached the nearest resistance, but there isn't any reversal pattern so far. So, bulls are likely going to...

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