Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

EUR/USD: bullish
EUR/USD: bullish "Hammer" on 89 MA

The last "Window" has been broken, so the pair is likely going to achieve the nearest resistance area. If any bearish pattern arrives...

GBP/USD: broken
GBP/USD: broken "Flag"

The last "Double Bottom" led to the massive bullish rally, but bulls faced with resistance at 1.3444. Nevertheless...

EUR/USD:
EUR/USD: "Thorn" pattern

The 89 Moving Average has acted as support, so we've got a "Thorn" pattern on this line. Therefore, the price is consolidating...

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

The last "Window" has been broken, but the price is consolidating. Also, we've got bearish patterns such a "Harami" and a "Doji", but...

GBP/USD: 55 MA acted as support
GBP/USD: 55 MA acted as support

We've got a "V-Top" pattern, which pushed the price to support at 1.3190. Therefore, the market is likely going to reach...

EUR/USD: broken
EUR/USD: broken "Pennant"

Bears found support at 1.1874 - 1.1864, so the price is rising. The main intraday target is the closest resistance...

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