Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

GBP/USD: pound in consolidation under Cloud
GBP/USD: pound in consolidation under Cloud

Bearish Ichimoku Cloud with horizontal lines Senkou Span A and B; a cancelled golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the market in consolidation under the bottom border of the Cloud.

EUR/USD: euro will test Senkou Span B
EUR/USD: euro will test Senkou Span B

Bearish Ichimoku Cloud, but rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising lines; the prices are inside a Cloud, but there is a strong resistance of Senkou Span B.

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

Bears faced support at 1.3087, so there's a "V-Bottom", which pushed the price higher. Nevertheless, if the 34 MA acts as resistance...

XAU/USD: the triangle will be a judge
XAU/USD: the triangle will be a judge

Recommendations: SELL $1268 SL $1280 TP1 $1237 TP2 $1212 BUY $1287 SL $1275 TP $1310 TP2 $1321 On the daily chart, XAU/USD formed a triangle…

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