Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

EUR/USD: bearish
EUR/USD: bearish "Shooting Star"

The 55 Moving Average is likely going to act as support. A pullback from this line will be a green light for another bullish rally...

GBP/USD: new local high
GBP/USD: new local high

If a pullback from the nearest resistance at 1.4129 happens, there'll be an opportunity to have a bearish correction...

EUR/USD: no any reversal pattern
EUR/USD: no any reversal pattern

The pair is likely going to test the next resistance at 1.2358 - 1.2398. This area could be a departure point for a bearish correction...

EUR/USD: triangle in wave [iv]
EUR/USD: triangle in wave [iv]

We're likely going to have an upward impulse in wave [v] of 5 in the coming days. The main intraday target is 6/8 MM Level...

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