Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

EUR/USD: bearish
EUR/USD: bearish "Engulfing"

The price is still rising, but we're likely going to have a reversal pattern soon. If so, there'll be an opportunity to have...

USD/JPY: bullish
USD/JPY: bullish "Hammer"

The price reached the lower "Window", so we could have any reversal pattern soon. If so, bulls are likely going to test the 21 MA.

EUR/USD: developing bullish impulse
EUR/USD: developing bullish impulse

The price is still rising, cause there's a triangle in wave [iv], so we've got a developing bullish impulse. The main target for wave [v] of 3 is...

GBP/USD: bullish
GBP/USD: bullish "Flag"

All the Moving Averages have been broken, so bulls faced resistance at 1.2958. Nevertheless, the price is likely going to...

EUR/USD: triangle in wave [iv]
EUR/USD: triangle in wave [iv]

Wave [iv] has been ended on 1/8 MM Level, so we've got an upward impulse in wave (i). In this case, we could have...

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