Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

USD/JPY: market is in cloudy area
USD/JPY: market is in cloudy area

Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a cancelled golden cross of Tenkan-sen and Kijun-sen with rising lines.

EUR/USD: bullish 'High Wave'
EUR/USD: bullish 'High Wave'

The pair is likely going to test the nearest resistance at 1.1502. If a pullback from this level happens next...

EUR/USD: let’s sell the pair
EUR/USD: let’s sell the pair

On the daily chart of EUR/USD, chances that the pair will reach targets of the “Head and Shoulders” pattern and the “Shark” pattern (88.6% target) are declining.

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