GBP/USD: pound updated October’s lows
Expanding bearish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen with falling Kijun-sen.
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
EUR/USD: the Bears looks strong
Expanding bearish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but the lines are horizontal.
USD/CAD: is the CAD stronger?
On the daily chart of USD/CAD, bears couldn’t keep the pair within the downward channel, it signals their weakness.
XAU/USD: gold can continue the rally
Recommendation: BUY 1222 SL 1207 TP1 1…
USD/JPY: dollar/yen inside a Cloud
Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a cancelled dead cross of Tenkan-sen and Kijun-sen.
AUD/USD: aussie in consolidation under Cloud
Bearish Ichimoku Cloud with falling Senkou Span B; a cancelled dead cross of Tenkan-sen and Kijun-sen with horizontal lines.
NZD/USD: a good chance for the NZD
Recommendation: BUY 0…
AUD/USD: let's buy the AUD
On the daily chart of AUD/USD, bulls have been trying to implement the “Shark” pattern and pull the pair to its 88.6% target.
GBP/USD: the Bears still active
Expanding bearish Ichimoku Cloud, but horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with falling Tenkan-sen.
EUR/USD: euro goes to August’s lows
Bearish Ichimoku Cloud with horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen, but the lines are horizontal.
EUR/USD: a possible rise for the euro
On a daily chart of EUR/USD, the pair managed to break the support at 1.1430, which activated “Shark” and AB=CD patterns.
EUR/GBP: the euro is stronger
On the daily chart of EUR/GBP, bears couldn’t pull the pair below the bottom line of the long-term channel of 0.87-0.902, it signals their weakness.
