Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

Morning brief for May 2
Morning brief for May 2

A belated happy Labour day, dear traders! We bet you were trading with zeal and special ardor yesterday! Here are the latest news and market moves of today’s Asian session…

AUD/USD: bulls under pressure of Cloud
AUD/USD: bulls under pressure of Cloud

Narrowing bearish Ichimoku Cloud, falling Senkou Span A; a new weak golden cross of Tenkan-sen and Kijun-sen; the prices are under strong resistance of the Cloud.

EUR/USD: euro may go higher
EUR/USD: euro may go higher

Expanding bullish Ichimoku Cloud, rising Senkou Span A; a new golden cross of Tenkan-sen and Kijun-sen; the prices are on support of Tenkan-sen and Kijun-sen.

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