GBP/USD: pound supporting by Senkou Span B
Bullish Ichimoku Cloud but horizontal Senkou Span A and B; a cancelled golden cross of Tenkan-sen and Kijun-sen with horizontal lines
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
EUR/USD: euro keep staying in positive mood
Expanding bearish Ichimoku Cloud but horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with the horizontal lines.
USD/CAD: loonie learned 3 moves
On the daily chart, USD/CAD keeps forming “Three moves” pattern as well as “Spike and reversal with acceleration”.
XAU/USD: gold rebounded from the bottom
On the daily chart, XAU/USD pulled back after reaching 224% and 88.6% targets of AB=CD and “Double top”.
USD/JPY: dollar near May’s highs
Expanding bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen.
AUD/USD: aussie reached SSB’s levels
Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen, rising Tenkan-sen.
AUD/USD: bulls are out of their cage
On the daily chart of AUD/USD, bulls managed to counterattack and trigger the “Shark” pattern.
NZD/USD: bears won’t let the enemies closer
On the daily chart, NZD/USD reached 161.8% target of AB=CD and then pulled back.
EUR/USD: euro going to June’s highs
Expanding bearish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with the rising lines.
EUR/GBP: euro is going north
On the daily chart, EUR/GBP retested the upper border of the short-term consolidation range of 0.8695-0.8835.
EUR/USD: euro is choosing a way
On the daily chart of EUR/USD, bulls managed to lead the pair out of the downtrend channel. They want to trigger a “Crab” pattern with the target at 161.8% and a “Dragon”.
USD/JPY: dollar in consolidation
Expanding bullish Ichimoku Cloud with rising Senkou Span A; a correctional dead cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen.
