Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

GBP/USD: price reached the 34 MA
GBP/USD: price reached the 34 MA

The market is likely going to achieve the next support at 1.3150 - 1.3081. However, if a pullback from these levels happens...

XAU/USD: gold is painting a wedge
XAU/USD: gold is painting a wedge

Recommendation: SELL $1267 SL $1281 TP1 $1237 TP2 $1212 On the daily chart, XAU/USD keeps fighting for an important level of $1281 an ounce…

EUR/USD:
EUR/USD: "Flag" pattern

The main intraday target is the next support area at 1.1582 - 1.1560. If a pullback from these levels happens, there'll be an opportunity...

AUD/USD: aussie entered into the Cloud again
AUD/USD: aussie entered into the Cloud again

Bearish Ichimoku Cloud with falling Senkou Span A; a new dead cross of Tenkan-sen and Kijun-sen; the prices entered into the Cloud, but there is a strong resistance near 0.7000.

USD/JPY: bearish
USD/JPY: bearish "Engulfing"

There isn't any reversal pattern so far. In this case, the market is likely going to test the lower "Window", which could be...

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