Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

GBP/USD: pound made a new lows
GBP/USD: pound made a new lows

Bearish Ichimoku Cloud with falling Senkou Span A; a new dead cross of Tenkan-sen and Kijun-sen, falling Tenkan-sen; the prices are tested the support of 1.3020 and returned to Kijun-sen.

EUR/USD: euro fixed positions over Kijun-sen
EUR/USD: euro fixed positions over Kijun-sen

Bearish Ichimoku Cloud, but horizontal Senkou Span A and B; a new dead cross of Tenkan-sen and Kijun-sen with falling Tenkan-sen; the prices are breakout the Kijun’s resistance, but there is a stronger resistance of the Cloud.

GBP/USD: bears can't stop
GBP/USD: bears can't stop

The price is still declining. The main bearish target is the nearest support at 1.3017 - 1.2994. If a pullback from this area...

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