USD/JPY: the yen liked the “Shark”
On the daily chart of USD/JPY, there is the rally to 200% target of the AB=CD pattern.
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
EUR/JPY: bulls make a trap
On the daily chart of EUR/JPY, the pair keeps going up to 127.2% and 88.6% targets of “Perfect butterfly” and “Shark” patterns.
GBP/USD: pound on new lows
Expanding bearish Ichimoku Cloud with horizontal Senkou Span A and B; a new dead cross of Tenkan-sen and Kijun-sen.
EUR/USD: euro can’t break Cloud’s resistance
Narrow bullish Ichimoku Cloud with horizontal Senkou Span A and B; a cancelled golden cross of Tenkan-sen and Kijun-sen with horizontal lines.
Trading plan for July 19
It’s a forecast for July 19.
GBP/USD: the pound surfs
On the daily chart of GBP/USD, bears try to break June lows.
USD/CHF: the CHF has reached the Rubicon
On the daily chart of USD/CHF, bears and bulls fight for the important level at 0.9995
XAU/USD: gold bets on the double bottom
On the daily chart of XAU/USD, bears have tried to implement the “Shark” pattern
USD/CAD: the CAD plans to storm
On the daily chart of USD/CAD, the “Three drives” pattern keeps forming.
USD/JPY: dollar reached daily resistance
Expanding bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising Kijun-sen.
AUD/USD: The Bulls continue battle
Narrow bullish Ichimoku Cloud with falling Senkou Span A and B; a cancelled dead cross of Tenkan-sen and Kijun-sen.
GBP/USD: pound keep staying under Cloud
Bearish Ichimoku Cloud with horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen.
