Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

GBP/USD: "Thorn" pattern

The price is still consolidating near the Moving Averages. It seems like the pair is going to test the nearest support area...

GBP/USD: looking for SSB
GBP/USD: looking for SSB

Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising Kijun-sen; the Bulls are ready to continue local uptrend up to SSB-levels.

EUR/USD: correction to Cloud
EUR/USD: correction to Cloud

Bullish Ichimoku Cloud, but horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen, narrowing channel of Tenkan-Kijun; the prices are breaking down the support of Kijun-sen and going to Cloud.

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