Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

GBP/CHF: looking to rebound above the 200 SMA
GBP/CHF: looking to rebound above the 200 SMA

GBP/CHF has made a strong rally during November 15th session and it has been extending for the next two days, consolidating its price action slightly above the 200 SMA at H1 chart…

USD/JPY: "Inverted Hammer"
USD/JPY: "Inverted Hammer"

The market is likely going to test the upper "Window". If a pullback from this level happens, there'll be an opportunity to have...

EUR/USD: bullish "Doji"
EUR/USD: bullish "Doji"

The price is likely going to test the nearest resistance. If a pullback from this level happens, we could have just another decline...

GBP/USD: bullish "Thorn"
GBP/USD: bullish "Thorn"

The main intraday target is the next resistance at 1.3278 - 1.3298. Meanwhile, if a pullback from these levels arrives afterwards...

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