USD/JPY: the Dollar is under Cloud’s pressure
Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen.
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
AUD/USD: bears in game
Narrow bearish Ichimoku Cloud with falling Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen but narrowing channel Tenkan-Kijun.
GBP/USD is like a phoenix
On the daily chart, GBP/USD keeps forming a “Spike and reversal with acceleration”.
USD/CHF: too little space in the triangle
On the daily chart, USD/CHF broke below the lower border of a triangle and the uptrend channel.
GBP/USD: pound will test SSB’s resistance
Bearish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with narrow channel Tenkan-Kijun.
EUR/USD: the Bulls got a strength
Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising lines.
USD/CAD: loonie is taking off
USD/CAD is forming a “Three touches” pattern. A pullback from the upper border of the downtrend channel allowed bears to return the initiative.
XAU/USD: gold is counterattacking
On the daily chart, XAU/USD pulled back after reaching 113% target of the “Double top”.
USD/JPY: the Dollar updated August’s lows
Bearish Ichimoku Cloud with falling Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen.
AUD/USD: aussie corrected to positive zone
Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising lines.
AUD/USD: trading opportunuties
On the daily chart, AUD/USD pulled back after reaching 113% target of the “Double top”.
NZD/USD: a downtrend may resume
On the daily chart, NZD/USD reached 224% target of junior AB=CD and bulls are trying to counterattack.
