Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

USD/JPY: bearish "Tower"
USD/JPY: bearish "Tower"

We've got a bullish "High Wave", but the last bearish "Shooting Star" has been confirmed strongly.

GBP/USD: bullish "Triangle"
GBP/USD: bullish "Triangle"

We've got a bullish "Triangle", so we should keep an eye on the next resistance at 1.2935 - 1.2952 as an intraday target.

Morning brief for June 5
Morning brief for June 5

The weekend terrorist attack in London was the main cause of price action in the early hours of the Asian session…

USD/JPY: Dollar going to new lows
USD/JPY: Dollar going to new lows

Expanding bearish Ichimoku Cloud, falling Senkou Span A; Tenkan-sen and Kijun-sen will make a new dead cross; the prices are bounced from Senkou Span A and made the new lows for last two weeks.

EUR/USD: outlook for June 5 - 9
EUR/USD: outlook for June 5 - 9

EUR/USD currency pair was trading in a horizontal band during the past week as investors await the European Central bank’s meeting on June 8…

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