Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

GBP/USD: pound bounced from SSB’s
GBP/USD: pound bounced from SSB’s

Narrowing bullish Ichimoku Cloud, but rising Senkou Span B; a dead cross of Tenkan-sen and Kijun-sen with the horizontal Tenkan-sen and  Kijun-sen; the prices are reached the SSB’s support and bounced inside Cloud.

XAU/USD: bears are attacking
XAU/USD: bears are attacking

Recommendation: BUY $1254 SL $1240 TP1 $1281 TP2 $1300 TP2 $1315  On the daily chart, XAU/USD went to an important support at $1267…

EUR/USD: broken upward "Wedge"
EUR/USD: broken upward "Wedge"

There's a "V-Top" pattern, so the price reached the nearest support at 1.1772. In this case, the market is likely going to...

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