Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

EUR/USD: triangle in wave [iv]
EUR/USD: triangle in wave [iv]

We're likely going to have an upward impulse in wave [v] of 5 in the coming days. The main intraday target is 6/8 MM Level...

EUR/USD:
EUR/USD: "Pennant" pattern

The pair is likely going to test the closest support at 1.2164 in the coming hours. If a pullback from this level happens little later on...

USD/JPY: Dollar entered into Cloud
USD/JPY: Dollar entered into Cloud

Bearish Ichimoku Cloud with rising Senkou Span A; an irregular dead cross of Tenkan-sen and Kijun-sen with horizontal lines; the prices are entered into cloudy area and may continue growing up.

XAU/USD: gold is in the corridor
XAU/USD: gold is in the corridor

Recommendation: SELL $1324 SL $1339 TP1 $1302 TP2 $1280 BUY $1344 SL $1329 TP $1359 TP2 $1380 TP3 $1392 On the daily chart, if XAU/USD renews January high, the risks of its going to 127…

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