Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

EUR/USD: 'Double Bottom' pattern
EUR/USD: 'Double Bottom' pattern

The market is likely going to test the nearest resistance at 1.2377 - 1.2395 in the coming hours. If a pullback from this area forms...

GBP/USD could enter into a corrective phase
GBP/USD could enter into a corrective phase

GBP/USD has been taking the flag in favor of the bulls in the short-term, as the price action is showing a strong consolidation above the 50 SMA at H1 chart, which also points to the upwards across the board…

EUR/USD: 'Flag' has been broken
EUR/USD: 'Flag' has been broken

The market is likely going to test the closest resistance at 1.2346 - 1.2358. Meanwhile, if a pullback from this area forms...

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