Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

AUD/USD: aussie can’t breakout 0.8000
AUD/USD: aussie can’t breakout 0.8000

Bullish Ichimoku Cloud, horizontal Senkou Span A and B; a cancelled dead cross of Tenkan-sen and Kijun-sen, the lines are horizontal; the prices are returned to the Cloud and supported by Tenkan, Kijun and upper border of the Cloud.

GBP/USD: trades in Cloud will continue
GBP/USD: trades in Cloud will continue

Narrow bullish Ichimoku Cloud with horizontal Senkou Span A and B; a cancelled dead cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; the market is supported by Tenkan and Kijun.

EUR/USD: wave (ii) is about to end
EUR/USD: wave (ii) is about to end

There's developing wave 4, which is likely going to take the form of a zigzag. So, we could have a downward impulse in wave [c] soon.

USD/JPY: new
USD/JPY: new "Window"

The last pullbacks from the upper "Window" led to form a new local low. It's likely that the market is going to test the nearest...

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

Bears faced support at 1.1847, so the price is consolidating. However, the pair is likely going to test the next support...

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