Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

 XAU/USD: gold retreats, but doesn’t give up
XAU/USD: gold retreats, but doesn’t give up

Recommendations: BUY $1320 SL $1305 TP1 $1350 TP2 $1365 TP3 $1400 BUY $1300 SL $1285 TP1 $1330 TP2 $1350 TP3 $1365 On the daily chart, XAU/USD bulls didn’t manage to overcome significant resistance at $1360-1365 an ounce…

USD/JPY: Dollar rising to Cloud
USD/JPY: Dollar rising to Cloud

Narrowing bearish Ichimoku Cloud with falling Senkou Span B; a dead cross of Tenkan-sen and Kijun-sen, but narrowing channel of the lines; the market is in correctional movement to the Cloud.

AUD/USD: aussie keep staying inside Cloud
AUD/USD: aussie keep staying inside Cloud

Narrow bearish Ichimoku Cloud with falling Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen, but the narrowing channel Tenkan-Kijun; the prices keeps staying inside a Cloud and the channel Tenkan-Kijun.

GBP/USD: pound returned to Cloud
GBP/USD: pound returned to Cloud

Narrow bearish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; the prices are entered into the cloudy area and will may test the Kijun’s support.

EUR/USD: euro corrected to Kijun-sen
EUR/USD: euro corrected to Kijun-sen

Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; the prices are returned to the support of the Kijun-sen.

AUD/USD: aussie is in positive area now
AUD/USD: aussie is in positive area now

Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising lines; the market entered into the positive area and may continue uptrend.

GBP/USD: pound returned to 2W-highs
GBP/USD: pound returned to 2W-highs

Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; the prices are on the 2w-highs and under the strong resistance.

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