Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

EUR/USD: euro is supported by Cloud
EUR/USD: euro is supported by Cloud

Expanding bullish Ichimoku Cloud with rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but rising Kijun-sen; the prices are on the support of the Cloud.

US Dollar: a pull back coming soon?
US Dollar: a pull back coming soon?

US Dollar Index has been following to the bears against a basket of major currencies and it’s approaching to the 200 SMA at H1 chart, nearing to the Fibonacci level of 50% (92…

EUR/USD: [ii] taking form of zigzag
EUR/USD: [ii] taking form of zigzag

7/8 MM Level has acted as resistance, so there's developing wave [ii]. If the price fixates above 6/8 MM Level little later on, there'll be...

GBP/USD:
GBP/USD: "Double Top" pattern

We've got a confirmed "Double Top", but there's a pullback from support at 1.3164. Therefore, the pair is likely going to...

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