Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

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…

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: dollar fixed positions on Cloud
USD/JPY: dollar fixed positions on Cloud

Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a new golden cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; the prices are on the support of the Cloud.

EUR/USD: euro growing up to Cloud
EUR/USD: euro growing up to Cloud

Bearish Ichimoku Cloud, horizontal Senkou Span A; a weak golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the prices are in consolidation and rising to resistance of the bottom border of the Cloud.

AUD/USD: aussie entered into cloudy area
AUD/USD: aussie entered into cloudy area

Bearish Ichimoku Cloud, but rising Senkou Span A; a new golden cross of Tenkan-sen and Kijun-sen, horizontal Tenkan-sen and Kijun-sen; the prices entered into the Cloud, but there is a strong resistance on 0.7710-0.7730.

GBP/USD: pound fixed above Cloud
GBP/USD: pound fixed above Cloud

Expanding bullish Ichimoku Cloud with rising Senkou Span A and B; a strong golden cross of Tenkan-sen and Kijun-sen with rising lines; the prices was fixed above a Cloud and Tenkan-sen and may go higher to 1.3340.

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