Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

EUR/USD: bullish
EUR/USD: bullish "High Wave"

The price has reached the lower “Window”, so we’ve got a “High Wave”, but confirmation of this pattern is a quite weak.

Morning brief for May 30
Morning brief for May 30

 Growing concerns over Greek bailout, early elections in Italy and comments by the ECB President Mario Draghi about the need to maintain the bank’s extraordinary amount of monetary policy support…

AUD/USD: aussie going lower
AUD/USD: aussie going lower

Narrow bullish Ichimoku Cloud, falling Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with falling lines; the prices are under the Cloud and bounced from Senkou Span B.

EUR/USD: euro falling into the Cloud
EUR/USD: euro falling into the Cloud

Narrowing bullish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, falling lines; the prices are on the strong support in the Cloud.

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