Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

Gold (XAU/USD) looking to make a strong rebound
Gold (XAU/USD) looking to make a strong rebound

Bears have been the headliners in the Gold’s price action across the board and according to the H4 chart, XAU/USD is expected to finish a correction started since three weeks ago…

EUR/USD: bullish
EUR/USD: bullish "Three Methods"

The last "Inverted Hammer" and "Engulfing" patterns led to the current bullish price movement. Also, there's a "Three Methods"...

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

The market is consolidating between the levels 1.3444 - 1.3328. At the same time, there's a downward "Wedge", so the pair is...

EUR/USD:
EUR/USD: "Double Bottom"

The price is consolidating between the levels 1.1772 - 1.1793. Also, we've got a "Pennant" pattern, which has been broken. So...

EUR/USD looking for sell signals
EUR/USD looking for sell signals

EUR/USD remains strong in a bearish bias below the 200 SMA at H1 chart and it’s now looking to consolidate above the 50 SMA…

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