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Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

EUR/USD:
EUR/USD: "Shooting Star"

There're bullish patterns such a "Morning Star" and a "High Wave", which both have been confirmed, so...

USD/JPY: back again to Cloud
USD/JPY: back again to Cloud

Narrowing bullish Ichimoku Cloud with falling Senkou Span A; a new dead cross of Tenkan-sen and Kijun-sen; the bulls can’t breaking out a resistance of Tenkan-sen and Kijun-sen and the prices returned to Cloud.

EUR/USD: euro reached new lows
EUR/USD: euro reached new lows

Expanding bearish Ichimoku Cloud, falling Senkou Span A; a new dead cross of Tenkan-sen and Kijun-sen with falling Tenkan-sen; the prices are formed new local lows, but needs a correction to Tenkan or Kijun.

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