Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

EUR/USD: broken
EUR/USD: broken "Pennant"

Bears went through support at 1.1772, so we should keep an eye on the next support at 1.1714 - 1.1688 as the next intraday target.

AUD/USD: aussie is oversold
AUD/USD: aussie is oversold

Expanding bearish Ichimoku Cloud with falling Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen; the prices are in the oversold area; strong support on 0.7830.

GBP/USD: bears entered into Cloud
GBP/USD: bears entered into Cloud

Bullish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, with the falling lines; the market entered into the cloudy area and may go lower to the support of Senkou Span B.

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