Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

EUR/USD: 'Three Methods' pattern
EUR/USD: 'Three Methods' pattern

The market is likely going to continue declining. However, if any bullish pattern forms afterwards, there'll be an opportunity...

EUR/USD: 'V-Top' led to decline
EUR/USD: 'V-Top' led to decline

If a pullback from the nearest support area happens little later on, there'll be an opportunity to have a bullish price movement...

DAX 30: close to test a strong resistance zone
DAX 30: close to test a strong resistance zone

DAX has been moving in a recovery phase since March and while gains are capped by the 200 SMA at H4 chart, the index scopes to consolidate above the Fibonacci level of 50% at 12659…

EUR/USD: 'Rising Wedge' pattern
EUR/USD: 'Rising Wedge' pattern

It's likely that we're going to have a 'Rising Wedge' pattern on EURUSD. So, we should keep an eye on the 89 Moving Average...

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