Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

USD/JPY: dollar returned to negative area
USD/JPY: dollar returned to negative area

Expanding bearish Ichimoku Cloud with falling Senkou Span A; a cancelled golden cross of Tenkan-sen and Kijun-sen, the falling lines; the bears continue their offensive.

GBP/USD: under Kijun’s resistance
GBP/USD: under Kijun’s resistance

Expanding bearish Ichimoku Cloud with horizontal Senkou Span B; a dead cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; the prices are under the resistance of Kijun-sen and may continue falling down.

GOLD: bulls showed weakness
GOLD: bulls showed weakness

Recommendation: SELL $1267 SL $1280 TP $1250 TP2 $1235 TP3 $1224 On the daily chart, the second attempt of bulls to return the quotes inside the previous medium-term bullish channel failed…

AUD/USD: aussie continue to falling
AUD/USD: aussie continue to falling

Bearish Ichimoku Cloud with falling Senkou Span A; a new dead cross of Tenkan-sen and Kijun-sen; the prices are on the strong support of 0.7800/20.

EUR/USD: euro fell into Cloud again
EUR/USD: euro fell into Cloud again

Narrowing bullish Ichimoku Cloud with falling Senkou Span A; a new dead cross of Tenkan-sen and Kijun-sen; the prices returned into the Cloud and will test the support of Senkou Span B.

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