Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

EUR/USD: 34 MA acted as support
EUR/USD: 34 MA acted as support

The price is consolidating between the levels 1.1892 - 1.1822. It's likely that bulls are going to reach the nearest resistance...

AUD/USD: aussie entered into Cloud
AUD/USD: aussie entered into Cloud

Bearish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen; the prices are entered into the Cloud and will test the highs of a last week.

GBP/USD: pound is going to SSB
GBP/USD: pound is going to SSB

Narrowing bearish Ichimoku Cloud, rising Senkou Span B; a golden cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen and  Kijun-sen; the prices are going to Senkou Span B after supported by Kijun-sen.

USD/JPY: bearish
USD/JPY: bearish "Harami"

The 55 Moving Average has acted as support. However, there's also resistance by the upper "Window". In this case...

EUR/USD: wave [ii] coming soon
EUR/USD: wave [ii] coming soon

The price has been rising since a pullback from 0/8 MM Level happened. Wave [i] is about to end, so if 3/8 MM Level acts...

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