Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

EUR/USD doesn't give up
EUR/USD doesn't give up

EUR/USD formed a bullish engulfing pattern on D1 yesterday rebounding from the lower daily Bollinger Band.

NZD/USD awaits volatility
NZD/USD awaits volatility

Big moves may be triggered by the meeting of the Reserve Bank of New Zealand early on Wednesday.

GBP/CHF looks vulnerable
GBP/CHF looks vulnerable

GBP/CHF found resistance in the 1.3100 area (resistance line connecting July and November highs).

GBP/JPY may go lower
GBP/JPY may go lower

GBP/JPY will remain under negative pressure as long as it’s trading below the weekly pivot point at 143.30.

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