Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

GBP/USD: pound may go higher
GBP/USD: pound may go higher

Bullish Ichimoku Cloud with rising Senkou Span B; a dead cross of Tenkan-sen and Kijun-sen with horizontal lines; the prices are supported by Senkou Span A.

EUR/USD: "V-Top" pattern

The 34 MA has acted as support, so the price is consolidating. Meanwhile, the pair is likely going to test the closest resistance.

Gold is in trouble
Gold is in trouble

Recommendation: SELL $1236 SL $1246 TP1 $1224 TP2 $1210 On the daily chart, gold is testing the neckline of the “Head and Shoulders” pattern…

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