Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

USD/JPY: dollar returned to negative area
USD/JPY: dollar returned to negative area

Expanding bearish Ichimoku Cloud with falling Senkou Span A; a cancelled golden cross of Tenkan-sen and Kijun-sen, the falling lines; the bears continue their offensive.

GBP/USD: under Kijun’s resistance
GBP/USD: under Kijun’s resistance

Expanding bearish Ichimoku Cloud with horizontal Senkou Span B; a dead cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; the prices are under the resistance of Kijun-sen and may continue falling down.

GBP/USD: bearish
GBP/USD: bearish "Flag" pattern

The price is consolidating near the 34 Moving Average. Also, there's a possible "Flag", so the price is likely going to test...

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