Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

AUD/USD showing bearish signals
AUD/USD showing bearish signals

The price action of the Aussie is getting interesting during the last few hours, as the pair is finding strong resistance in the Fibonacci level of 50% at 0…

USD/JPY: bullish
USD/JPY: bullish "Tower" pattern

The price is likely going to continue moving up. The main intraday target is the upper "Window", which could act as resistance...

USD/JPY: Dollar in consolidation
USD/JPY: Dollar in consolidation

Bearish Ichimoku Cloud with horizontal Senkou Span A and B; a new weak golden cross of Tenkan-sen and Kijun-sen, the lines are horizontal; the market is in consolidation near Tenkan-sen and Kijun-sen, but may continue downtrend.

AUD/USD: aussie keep staying inside a Cloud
AUD/USD: aussie keep staying inside a Cloud

Bearish Ichimoku Cloud, but rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen; the prices are inside a Cloud and there is a strong resistance of Senkou Span B.

EUR/USD:
EUR/USD: "V-Top" pattern

The pair is likely going to test the 34 Moving Average in the short term. If a pullback from this line happens little later on...

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