Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

EUR/USD: bullish
EUR/USD: bullish "Double Bottom"

The price is consolidating between the levels 1.1819 - 1.1793. If a pullback from the 89 MA happens, there'll be an opportunity...

GBP/USD: pound is under SSA yet
GBP/USD: pound is under SSA yet

Expanding bearish Ichimoku Cloud with falling Senkou Span A; a new dead cross of Tenkan-sen and Kijun-sen, falling Tenkan-sen; the prices are growing up along Senkou Span A and reached the resistance of Tenkan-sen and Kijun-sen.

EUR/USD: euro reached SSA and Kijun’s resistance
EUR/USD: euro reached SSA and Kijun’s resistance

Bearish Ichimoku Cloud, but horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with horizontal lines; the prices are returned to the Senkou Span A and Kijun’s resistance and may continue the downtrend.

EUR/USD:
EUR/USD: "Window" acted as support

The price is consolidating, but bulls are likely going to test the 34 MA in the short term. If a pullback from this line happens...

USD/JPY:  bullish
USD/JPY: bullish "Hammer"

The 55 Moving Average acted as support and we've got a "Three Methods" pattern, so the price is rising...

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