Gold: bears came up with Shark
Recommendation: BUY $1265 SL $1245 TP $1320…
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
USD/JPY: SSB is under attack
Neutral Ichimoku Cloud, Senkou Span A and B have a same value; a dead cross of Tenkan-sen and Kijun-sen, falling Tenkan-sen; the prices are on Senkou Span B.
AUD/USD: aussie bounced from SSB
Narrowing bearish Ichimoku Cloud, rising Senkou Span A and horizontal Senkou Span B; a cancelled golden cross of Tenkan-sen and Kijun-sen; the prices are under Tenkan-sen and Kijun-sen.
EUR/USD: euro broke the trend
On the EUR/USD daily chart, there is a change in the long-term downward trend…
NZD/USD: kiwi is gaining its strength
Recommendation: BUY 0,695 SL 0,6895 TP 0,708…
AUD/USD: aussie keep staying in Cloud
Narrowing bearish Ichimoku Cloud, rising Senkou Span A and horizontal Senkou Span B; a new golden cross of Tenkan-sen and Kijun-sen with rising Kijun-sen; the prices are supported by Tenkan-Sen.
GBP/USD: pound looks better
Narrow bullish Ichimoku Cloud, horizontal Senkou Span A; a new golden cross of Tenkan-sen and Kijun-sen; the prices are supported by Tenkan-sen and Kijun-sen and the Bulls going to breakout an SSA’s resistance.
AUD/USD: will bulls show their weakness?
On the AUD/USD daily chart, there is a continuation of the near-term bearish trend…
USD/CAD: loonie got a free ride on Wolf wave
Recommendations: hold shorts (SELL 1,365 SL 1,3705 TP1 1,3525 TP2 1,337), BUY 1,3435 SL 1,338 TP 1,365…
US dollar outlook from major banks
The US dollar was lower against most of its major peers since the very start of the week, pressured by a round of disappointing economic data and by gains made by commodity-sensitive currencies as crude oil futures spiked to its highest level since late…
USD/JPY: yen takes up the running
Recommendation: BUY 111,95 SL 111,4 TP 114…
USD/CHF: bulls need to arm themselves with patience
Recommendation: BUY 1,0085 SL 1,003 TP 1,02…
