AUD/JPY awaits a volatility spike
AUD/JPY is testing levels above the 50-week MA at 82.79.
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
EUR/USD: the EUR is strengthening
On a daily chart of EUR/USD, there is a correction towards the downward middle-term trend as a part of the transformation of the "Shark" pattern into 5-0.
EUR/GBP: bullish signal for the EUR
On the daily chart of EUR/GBP bulls could take control over the situation after a small reversal.
The paths for NZD/USD
NZD/USD reached the previous high at 0.6884 but failed to move higher.
EUR/JPY: the euro can weaken
On a daily chart of EUR/JPY, the consolidation as a part of the implementation of the “Broadening wedge” pattern continues.
USD/JPY: the yen recovers
On a daily chart of USD/JPY bulls could not move the pair outside the triangle.
USD/JPY: the Dollar fell to Kijun-sen
Narrowing bullish Ichimoku Cloud with falling Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with narrowing channel Tenkan-Kijun.
AUD/USD: aussie returned to November’s highs
Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a cancelled dead cross of Tenkan-sen and Kijun-sen with horizontal lines.
A trade idea for USD/MXN
USD/MXN has met resistance at the line connecting 2017 and 2018 highs.
USD/CHF: a bearish flag
USD/CHF formed a bearish “flag”. It’s trading below the 50-day MA at 0.9937.
GBP/USD: pound has no strength
Irregular bearish Ichimoku Cloud with rising Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with horizontal lines.
EUR/USD: euro goes lower
Expanding bearish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen with falling lines.
