Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

EUR/USD: ending diagonal pattern
EUR/USD: ending diagonal pattern

There's a possible ending diagonal pattern in wave [v] of C. Wave (v) of [v] is likely going to be continued, so we could have a new local high.

EUR/USD:
EUR/USD: "Double Top" pattern

Bulls faced resistance at 1.1464, so we've got a bearish "V-Top" pattern, which pushed the price to support at 1.1425. However, bears are likely going to...

USD/JPY: Dollar entered into Cloudy area
USD/JPY: Dollar entered into Cloudy area

Bullish Ichimoku Cloud, but horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen and the lines are horizontal; the market is in a correction to Senkou Span B – waiting for bouncing.

EUR/USD: euro supported by Cloud
EUR/USD: euro supported by Cloud

Bullish Ichimoku Cloud, but horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with horizontal Tenkan-sen and Kijun-sen; the prices are supported by Cloud and bounced to positive area.

AUD/NZD: pull backs could come soon
AUD/NZD: pull backs could come soon

AUD/NZD has been following a cycle started from the end of June and it’s currently in an extreme zone for bulls, as the price action had reached the area between 1…

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