Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

GBP/USD: confirmed 'V-Top' pattern
GBP/USD: confirmed 'V-Top' pattern

We had a 'Thorn' pattern. There's also a 'V-Top', which has been confirmed, so the price is likely going to test the next support...

AUD/USD: aussie continue uptrend
AUD/USD: aussie continue uptrend

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

USD/JPY: the USD is weak again
USD/JPY: the USD is weak again

On the daily chart of USD/JPY, a break of the support at 112.85 and an exit out of the upward channel may mean an implementation of reversal 1-2-3 and "Three Indians" patterns.

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