XAU/USD: gold was captured by bulls
Recommendation: BUY 1342 SL 1327 TP1 1372 TP2 1390 TP3 1400 On the daily chart of XAU/USD, a recoil from support at 1320 allowed bulls to counterattack…
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
USD/JPY: the Dollar supported by Kijun-sen
Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen, but narrowing channel Tenkan-Kijun; the market is supported by Kijun-sen and may going to new highs.
AUD/USD: aussie entered into Cloud
Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a cancelled dead cross of Tenkan-sen and Kijun-sen; the market had entered into the cloudy area and may go up to Senkou Span B’s levels.
USD/JPY trying to push higher in the short-term
USD/JPY has been riding a bullish sequence above the 200 SMA at H1 chart and the 50 SMA is helping to cap further gains across the board…
USD/CAD broke support zone
USD/CAD broke support zone Next sell target - 1…
AUD/CAD broke support zone
AUD/CAD broke support zone Next sell target - 0…
Are there chances for the continuation of the oil’s rise?
The oil market is unstable in the environment of trade wars, increasing US oil output, and other negative geopolitical factors…
USD/JPY: bearish 'Tweezers'
If a pullback from the Moving Averages forms afterwards, bulls are likely going to test the upper 'Window'...
EUR/USD: bullish 'Hammer'
The market is likely going to continue moving up towards the nearest resistance in the short term...
GBP/USD: All Moving Averages broken
There's a 'Double Bottom' pattern, which has been confirmed. Therefore, bulls are likely going to test the next resistance area...
EUR/USD: 'Double Bottom' pattern
It's likely that the market is going to test the nearest resistance at 1.2299 - 1.2314. If a pullback from this area happens...
NZD/USD: bulls are prevailing
Recommendations: BUY 0…
