Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

EUR/USD: euro may go higher
EUR/USD: euro may go higher

Expanding bullish Ichimoku Cloud, rising Senkou Span A; a new golden cross of Tenkan-sen and Kijun-sen; the prices are on support of Tenkan-sen and Kijun-sen.

USD/JPY: trading in Tenkan-Kinjun
USD/JPY: trading in Tenkan-Kinjun

Bullish Ichimoku Cloud with falling Senkou Span B; a golden cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; the market entered in channel of Tenkan-sen and Kijun.

GBP/USD: testing highs again
GBP/USD: testing highs again

Expanding bullish Ichimoku Cloud, rising Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen, rising Tenkan-sen; the prices are under strong resistance.

AUD/USD: bears made new local lows
AUD/USD: bears made new local lows

Expanding bearish Ichimoku Cloud, falling Senkou Span A; a new dead cross of Tenkan-sen and Kijun-sen; the prices are near daily support.

EUR/USD: on support of Tenkan
EUR/USD: on support of Tenkan

Expanding bullish Ichimoku Cloud, but Senkou Span A and B are horizontal; a golden cross of Tenkan-sen and Kijun-sen, the horizontal Kijun-sen; the prices are under strong resistance on daily timeframe; the local market is overbought and waiting for correction to Kijun-sen.

USD/CAD: loonie is rolling into the abyss
USD/CAD: loonie is rolling into the abyss

On the USD/CAD daily, taking advantage of the weakness of the bears, the bulls broke the upper border of the downward trading channel and restored the uptrend…

GBP/USD: pound in consolidation
GBP/USD: pound in consolidation

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

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