Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

EUR/USD: developing wave 4
EUR/USD: developing wave 4

It seems like we've got an ending diagonal pattern in wave (c) of [b]. In this case, if we have a pullback from 4/8 MM Level...

GBP/USD: "V-Top" pattern
GBP/USD: "V-Top" pattern

There's a "Thorn" pattern, which pushed the price to the nearest support at 1.3047 - 1.3032. However, bears are likely going to...

GBP/USD: consolidation over Cloud
GBP/USD: consolidation over Cloud

Expanding bullish Ichimoku Cloud, rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen, the rising lines; the market is out from the overbought area soon and may go higher.

EUR/USD: ready to continue uptrend
EUR/USD: ready to continue uptrend

Expanding bullish Ichimoku Cloud with rising Senkou Span A; an irregular dead cross of Tenkan-sen and Kijun-sen, narrowing channel of Tenkan-Kijun; the prices are on the support of Tenkan-sen and Kijun-sen and breaking out the SSA’s resistance.

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