Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

AUD/USD: aussie going higher
AUD/USD: aussie going higher

Bullish Ichimoku Cloud with extremely rising Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with rising lines; the prices are on the new 2Y-highs, but under the strong daily resistance.

GBP/USD: pound decided to correct
GBP/USD: pound decided to correct

Bullish Ichimoku Cloud with rising Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen; the prices made a new local highs and corrected to Kijun-sen.

GBP/USD: local
GBP/USD: local "V-Bottom" pattern

There's a consolidation, which is taking place near resistance at 1.3116. In this case, bulls are likely going to deliver a new local high.

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