Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

EUR/USD: broken
EUR/USD: broken "Pennant"

Bulls have broken the “Wedge’s” upper side, but the price faced a resistance at 1.0951 afterwards.

USD/CAD: loonie is rolling into the abyss
USD/CAD: loonie is rolling into the abyss

On the USD/CAD daily, taking advantage of the weakness of the bears, the bulls broke the upper border of the downward trading channel and restored the uptrend…

GBP/USD: pound in consolidation
GBP/USD: pound in consolidation

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

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