Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

AUD/USD: aussie under May’s highs
AUD/USD: aussie under May’s highs

Bullish Ichimoku Cloud, rising Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen, rising Tenkan-sen; the prices are under the strong resistance of May; the market is overbought and expected a correctional movements.

GBP/USD: broken
GBP/USD: broken "Triangle"

Bulls faced resistance at 1.2945, so the pair is likely going to achieve the closest support at 1.2901 in the short term.

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