Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

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

There's a consolidation, which is taking place between the levels 1.3158 - 1.3116. Also, there's a "Double Top" pattern, so...

EUR/USD: confirmed
EUR/USD: confirmed "Tripe Top"

Bulls faced resistance at 1.1757, so the price is consolidating. Therefore, we should keep an eye on support at 1.1679 as...

AUD/USD: bulls temporarily quieted down
AUD/USD: bulls temporarily quieted down

Bullish Ichimoku Cloud, but falling Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with falling Tenkan-sen; the prices are on the support of Tenkan-sen and Kijun-sen and the Cloud.

EUR/USD: euro gathers strength
EUR/USD: euro gathers strength

Bullish Ichimoku Cloud, but horizontal Senkou Span A and B; a new golden cross of Tenkan-sen and Kijun-sen with horizontal Tenkan-sen and Kijun-sen; the market is in consolidation on Tenkan-sen and Kijun-sen.

EUR/USD: bears going to move on
EUR/USD: bears going to move on

We've got bearish patterns such a "Shooting Star", a "Three Black Crows" and an "Engulfing", which all have been confirmed enough. So...

GBP/USD: bearish
GBP/USD: bearish "Pennant" pattern

Bulls faced resistance at 1.3137, so there's a "Double Top" pattern, which pushed the price to support at 1.3057. It's likely that...

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