Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

EUR/USD: 144 MA acted as support
EUR/USD: 144 MA acted as support

There's a "Hammer", which has been confirmed, so the market is likely going to continue moving up towards the nearest "Window"...

USD/JPY: dollar entered into Cloud
USD/JPY: dollar entered into Cloud

Bearish Ichimoku Cloud with rising Senkou Span A; a new golden cross of Tenkan-sen and Kijun-sen, with rising Tenkan-sen and Kijun-sen; the prices entered into the cloudy area.

GBP/USD: pound under main resistance
GBP/USD: pound under main resistance

Expanding bullish Ichimoku Cloud with rising Senkou Span A and B; the rising lines Tenkan-sen and Kijun-sen; the prices made new highs but there is strong daily resistance on 1.3500 – expecting the correctional movement.

EUR/USD:
EUR/USD: "Thorn" pattern

It's likely that bears are going to achieve the closest support at 1.1836 - 1.1821. If a pullback from this area happens...

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