Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

EUR/USD: 'Wedge' pattern was broken
EUR/USD: 'Wedge' pattern was broken

It's likely that the market is going to test the next support at 1.2129 - 1.2080, which could be a departure point for a bullish correction...

Bitcoin (BTC/USD) in a bearish corrective phase
Bitcoin (BTC/USD) in a bearish corrective phase

We have seen that the bears have resumed the reins of the price action in Bitcoin, which is trading below the 50-hour moving average, after having encountered resistance at the level of 9609…

USD/JPY: bullish 'Hammer'
USD/JPY: bullish 'Hammer'

The market is likely going to test the upper 'Window" pretty soon. If any bearish pattern forms afterwards...

EUR/USD: bearish 'Harami'
EUR/USD: bearish 'Harami'

The market is likely going to continue declining towards the nearest support area in the short term...

GBP/CHF tested a key demand area
GBP/CHF tested a key demand area

GBP/CHF is looking to resume the bullish bias across the board, following a fall held since April 18, where a resistance area has been established around 1…

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