Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

EUR/USD: outlook for May 8-12
EUR/USD: outlook for May 8-12

EUR/USD rose to 6-month highs ahead of the final round of the French presidential election, which will take place on Sunday, May 7…

EUR/USD: broken
EUR/USD: broken "Triangle"

Bulls have broken the last "Triangle", but price faced resistance at 1.0991, so there's a consolidation.

USD/JPY: Dollar made new highs
USD/JPY: Dollar made new highs

Bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; the prices are breakout the support of Tenkan and Kijun.

GBP/USD: pound keep staying on Cloud
GBP/USD: pound keep staying on Cloud

Narrowing bullish Ichimoku Cloud, falling Senkou Span A; a new dead cross of Tenkan-sen and Kijun-sen in a Cloud; the prices are on the support of Cloud, but the bulls are weak.

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