Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

XAU/USD: bulls counterattacked
XAU/USD: bulls counterattacked

Recommendation: SELL $1277 SL $1292 TP $1247 On the daily chart, XAU/USD bulls managed to get to an important support at $1267 an ounce and let the pair outside of the short-term descending channel…

USD/JPY: Dollar entered into Cloud
USD/JPY: Dollar entered into Cloud

Bullish Ichimoku Cloud with rising Senkou Span B, but horizontal Senkou Span A; a cancelled golden cross of Tenkan-sen and Kijun-sen, with horizontal Tenkan-sen and Kijun-sen; the prices are breaking down the SSA’s support and entered into the Cloud.

AUD/USD: aussie in correction to Kijun
AUD/USD: aussie in correction to Kijun

Expanding bearish Ichimoku Cloud, falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, falling Tenkan-sen and Kijun-sen; the prices are in correction inside of the channel Tenkan-Kijun.

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