Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

GBP/USD: pound testing SSA’s resistance

Bearish Ichimoku Cloud with horizontal Senkou Span A and B; a cancelled dead cross of Tenkan-sen and Kijun-sen with horizontal lines; the continue testing the Cloud’s resistance.

gbp
EUR/USD: euro inside a Cloud

Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with the rising lines; the market breaking out the SSA’s resistance and entered into the cloudy area.

eur
NZD/USD close to reach an offer zone

During the last few days, NZD/USD has been recovering from the broad-based weakness seen in the week, now consolidating gains slightly above the 50 SMA at H1 chart…

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