Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

GBP/USD: "Thorn" pattern
GBP/USD: "Thorn" pattern

The price is likely going to test the nearest resistance at 1.3549 - 1.3569. If a pullback from this area happens...

EUR/USD: ending diagonal pattern
EUR/USD: ending diagonal pattern

Ff a pullback from 5/8 MM Level happens, there'll be an opportunity to have wave [iii]. The main intraday target is +2/8 MM Level...

USD/JPY: "High Wave" pattern
USD/JPY: "High Wave" pattern

If a pullback from the nearest resistance happens, we could have a downward correction towards the Moving Averages...

GBP/USD: "Pennant" pattern
GBP/USD: "Pennant" pattern

The price is consolidating along the 34 MA. Considering that there's a "Double Top" pattern, the market is likely going to...

EUR/USD: "Flag" pattern
EUR/USD: "Flag" pattern

Bears are likely going to test the closest support area at 1.1756 - 1.1734. Meanwhile, if a pullback from these levels happens...

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