Gold: bulls are working hard
On the daily chart of gold, the bulls updated February high and tested the diagonal resistance in the form of the upper boundary of the downward trading channel…
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
USD/CAD: shakeout-fakeout pattern has been realized
On the USD/CAD chart, a successful attack on the diagonal support in the form of the lower border of the upward trading channel activated the Gartley pattern with a target 78…
AUD/USD: bears are playing with Crab
On the AUD/USD daily chart, an intermediate 113% target in the "Crab" pattern has been fulfilled…
USD/JPY: bears sweep away all obstacles
On the USD/JPY daily chart, the quotes moved beyond the consolidation range of 110…
USD/JPY: Dollar going lower
Bearish Ichimoku Cloud, falling Senkou Span A and B; a new dead cross of Tenkan-sen and Kijun-sen; the prices are made the new lows of the year.
AUD/USD: trading in range Tenkan-Kijun
Bearish Ichimoku Cloud with horizontal Tenkan-sen and Kijun-sen; a dead cross of Tenkan-sen and Kijun-sen; the prices are on the strong support 0.7450.
USD/JPY long and short term outlook from banks
USD/JPY dropped to 110…
USD/CHF: bulls got too excited
On the USD/CHF daily chart, the realization of the Wolf Waves pattern continues An update of the April high will allow the bulls to count on the continuation of the rally and the implementation of the 1…
GBP/USD: triangle didn't help the bears
On the GBP/USD daily chart, there is a formation of the "Splash and ledge" pattern on the basis of 1-2-3…
GBP/USD: trading in cloudy area
Narrowing bullish Ichimoku Cloud with falling Senkou Span A; a new correctional dead cross of Tenkan-sen and Kijun-sen; the prices are on the strong support of Senkou Span B.
EUR/USD: under pressure of Tenkan and Kijun
Bearish Ichimoku Cloud with horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen, falling Kijun-sen; the prices are under the resistance of Tenkan-sen and Kijun-sen.
EUR/USD: bulls built strongholds
On the EUR/USD daily chart, the bears successfully attacked the bulls' strongholds located near 1…
