Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

EUR/USD: price testing 7/8 MM Level
EUR/USD: price testing 7/8 MM Level

The price is testing 7/8 MM Level, so wave 2 is about to end. If we see a pullback from this level, there'll be an opportunity to have wave (i).

AUD/USD: aussie keep staying in Cloud
AUD/USD: aussie keep staying in Cloud

Narrowing bearish Ichimoku Cloud, rising Senkou Span A and horizontal Senkou Span B; a new golden cross of Tenkan-sen and Kijun-sen with rising Kijun-sen; the prices are supported by Tenkan-Sen.

GBP/USD: pound looks better
GBP/USD: pound looks better

Narrow bullish Ichimoku Cloud, horizontal Senkou Span A; a new golden cross of Tenkan-sen and Kijun-sen; the prices are supported by Tenkan-sen and Kijun-sen and the Bulls going to breakout an SSA’s resistance.

Canadian dollar near-term outlook
Canadian dollar near-term outlook

The Lonnie has strengthened against the USD on Monday as oil prices spiked to their highest level since late April after the large oil producers – Russia and Saudi Arabia – agreed to extend the supply cut deal for another nine months…

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