Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

GBP/USD: broken
GBP/USD: broken "Triangle"

The main intraday target is the 34 Moving Average. If this line acts as support, bulls are likely going to...

USD/JPY:
USD/JPY: "Window" acted as support

We've got a bearish "Hammer" pattern, which hasn't been confirmed yet. Therefore, we should keep an eye on the 21 Moving Average...

EUR/USD:
EUR/USD: "High Wave" pattern

The upper "Window" is acting as resistance, so there's an opportunity to have a bearish correction towards the last "Three Methods" pattern...

GBP/USD: main trend still bullish
GBP/USD: main trend still bullish

We could have a bearish correction towards the nearest support area at 1.3430, which could be a departure point for another bullish rally...

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