AUD/USD: aussie on fire
Expanding bearish Ichimoku Cloud with falling Senkou Span A; a cancelled golden cross of Tenkan-sen and Kijun-sen.
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
AUD/USD: the aussie hunts the Shark
On the daily chart of AUD/USD, bulls are trying to counterattack and implement the “Shark” pattern with 88,6% target.
NZD/USD: the kiwi is going into the abyss
On the daily chart of NZD/USD, the pair is moving within the downward channel
GBP/USD: pound returned to Cloud
Expanding bearish Ichimoku Cloud with falling Senkou Span; a dead cross of Tenkan-sen and Kijun-sen.
EUR/USD: euro tested SSB’s resistance
Expanding bearish Ichimoku Cloud with falling Senkou Span A; an irregular golden cross of Tenkan-sen and Kijun-sen with falling Kijun-sen.
Trading plan for July 2
The US dollar index couldn’t stick above $95 again.
EUR/GBP: bulls have control
On the daily chart of EUR/GBP, bulls have finally managed to bring the pair out of the consolidation range between 0.87 and 0.8835.
EUR/USD: will the euro tame a dragon?
On the daily chart of EUR/USD, bulls are for the second time trying to counterattack and trigger the reversal pattern a “Dragon”.
USD/JPY: dollar testing 3W-resistance
Expanding bullish Ichimoku Cloud with rising Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with rising lines.
AUD/USD: aussie returned to SSA
Expanding bearish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen with falling Kijun-sen.
USD/JPY: yen got lost
On the daily chart of USD/JPY, the inability of bears to pull the pair below the uptrend channel points at their weakness.
EUR/JPY: euro is caught in consolidation
On the daily chart, EUR/JPY is consolidating in the 126.55-128.9 range within the “Spike and ledge” pattern. A break of its upper border will increase the odds of a “Shark” pattern.
