Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

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

The price is still consolidating near the Moving Averages. It seems like the pair is going to test the nearest support area...

EUR/USD on the way to reach higher levels
EUR/USD on the way to reach higher levels

EUR/USD has been refreshing its multi-anual highs across the board, with the help of a weak US Dollar in the FX space and now we’re seeing that it’s correcting recent gains and looks forward to test a key Fibonacci area…

USD/JPY: bearish
USD/JPY: bearish "Harami"

The 89 Moving Average has acted as resistance, so we've got a "Shooting Star". If this pattern confirms, there'll be an opportunity...

EUR/USD:
EUR/USD: "Pennant" pattern

There's a "V-Top" pattern, so the price reached the nearest support at 1.1959. However, bears are likely going to test...

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