Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

Morning brief for April 21
Morning brief for April 21

It was a busy week so far and I hope you managed to make a few pips for yourself, or minimize your losses…

AUD/USD: aussie corrected to Kijun-sen
AUD/USD: aussie corrected to Kijun-sen

Expanding bearish Ichimoku Cloud, falling Senkou Span A; a new dead cross of Tenkan-sen and Kijun-sen, falling Tenkan-sen; the prices are in channel Tenkan-Kijun under a strong resistance of Kijun-sen and Senkou Span A.

EUR/USD: breakout SSB’s resistance
EUR/USD: breakout SSB’s resistance

Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen, rising Kijun-sen; the prices are breaking out the resistance of SSB; local market is overbought.

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