Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

GBP/USD: pound on 3W-highs
GBP/USD: pound on 3W-highs

Expanding bullish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen with rising Kijun-sen.

EUR/USD: euro inside a cloud
EUR/USD: euro inside a cloud

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

Opportunity to sell the CAD
Opportunity to sell the CAD

On the daily chart of USD/CAD, bulls continue implementing the “Wolfe waves” pattern and are going to implement the “Shark” patterns.

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