Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

GBP/USD: plunged like a stone
GBP/USD: plunged like a stone

The last upward "Wedge" has been broken, so the pair plunged like a stone. Finally, bears meet with support at 1.2634.

USD/JPY: Dollar corrected to Kijun-sen
USD/JPY: Dollar corrected to Kijun-sen

Expanding bearish Ichimoku Cloud, falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen with falling Kijun-sen; the prices are corrected to local resistance and may continue the downtrend.

AUD/USD: aussie under main resistance
AUD/USD: aussie under main resistance

Bullish Ichimoku Cloud, rising Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen; but the prices are under the main daily resistance and local market is overbought.

Morning brief for June 9
Morning brief for June 9

Seven weeks ago, prime minister Theresa May called the snap election seeking a stronger mandate in talks over leaving the European Union…

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