Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

EUR/USD: euro returned under Cloud
EUR/USD: euro returned under Cloud

Narrowing bullish Ichimoku Cloud with falling Senkou Span A; a weak golden cross of Tenkan-sen and Kijun-sen with falling Tenkan-sen.

GBP/USD: pound is gaining strength
GBP/USD: pound is gaining strength

GBP/USD bulls are trying to lead the pair out of the descending channel, push it above resistance at 1.3215 and move higher towards the target of “Wolfe waves”.

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