USD/CAD: a strong CAD
On the daily chart of USD/CAD, bulls almost returned the pair to the 1.3275-1.3315 convergence (targets of "Shark" and "Wolfe waves" patterns).
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
XAU/USD: buy gold
On the daily chart of XAU/USD, bears managed to pull the pair to targets of 1-2-3 and "Bat" patterns and return gold within the previous consolidation range of 1185-1215.
GBP/USD: the Bears returned to game
Bullish Ichimoku Cloud, but falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen with extremely falling lines.
AUD/USD: AUD is strong again
On the daily chart of AUD/USD, after the pair reached the 88.6% target of the "Shark" pattern, a logical pullback happened.
EUR/USD: euro updated lows
Expanding bearish Ichimoku Cloud with falling Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with horizontal lines.
NZD/USD: is NZD really strong?
On the daily chart of NZD/USD, there is an implementation of the "Shark" pattern.
USD/JPY: the Dollar reached main 4H-resistance
Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a cancelled golden cross of Tenkan-sen and Kijun-sen.
AUD/USD: aussie supported by Kijun-sen
Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with horizontal lines.
EUR/GBP: the euro is weak
On the daily chart of EUR/GBP, there is a test of the bottom line of the long-term consolidation of 0.87-0.902 within the "Spike and ledge" pattern.
EUR/USD: EUR may break a psychological low
On the daily chart of EUR/USD, bulls couldn't pull the pair out of the short-term consolidation of 1.13-1.15 and to targets of the "Wolfe waves",
USD/JPY: the USD will weaken
On the daily chart of USD/JPY, bulls managed to stick above the important level of 113.27.
EUR/JPY: the Japanese yen is strong
On the daily chart of EUR/JPY, the "Broadening wedge" pattern is at its last stage of the formation.
