Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

GBP/USD: pound supported by Kijun-sen
GBP/USD: pound supported by Kijun-sen

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

EUR/USD: the Bears looks strong
EUR/USD: the Bears looks strong

Expanding bearish Ichimoku Cloud with falling Senkou Span A; a new dead cross of Tenkan-sen and Kijun-sen with the falling Tenkan-sen and Kijun-sen; the market returned to 3-W lows again.

XAU/USD: bears play false
XAU/USD: bears play false

Recommendations: BUY 1345 SL 1330 TP1 1374 TP2 1394 On the daily chart of XAU/USD, bears are trying to form the “Shakeout-Fakeout” pattern as the pair could not break the upper boundary of 1302-1340 consolidation…

AUD/USD: aussie inside a Cloud
AUD/USD: aussie inside a Cloud

Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a cancelled golden cross of Tenkan-sen and Kijun-sen; the prices are had entered into the cloudy area.

GBP/USD: the Bulls appeared on market
GBP/USD: the Bulls appeared on market

Bullish Ichimoku Cloud, but the lines Senkou Span A and B are horizontal; a correctional dead cross of Tenkan-sen and Kijun-sen with falling Kijun-sen; the prices are still inside a Cloud, but supported by Kijun-sen.

EUR/USD: euro can’t take decision
EUR/USD: euro can’t take decision

Expanding bearish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen with the falling Kijun-sen; the market still staying on the support of the Cloud.

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