Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

GBP/USD: pound is overbought
GBP/USD: pound is overbought

Bullish Ichimoku Cloud; rising Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen; but the market is overbought and reached the 2M-resistance.

EUR/USD: euro reached main resistance
EUR/USD: euro reached main resistance

Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; the market testing the strong resistance of 2016.

Morning brief for June 30
Morning brief for June 30

The US dollar extended its losses across the trading desk on Friday as major central banks worldwide shifted toward a more hawkish tone…

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