Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

EUR/USD: bearish
EUR/USD: bearish "Doji"

There's a bullish "Harami", but this pattern hasn't been confirmed yet. So, the price is likely going to test the 89 Moving Average.

GBP/USD: another bearish
GBP/USD: another bearish "Pennant"

The last "Flag" has been broken, so price plunged. It seems like bears are ready to move on, so we should keep an eye on the next support.

EUR/USD:
EUR/USD: "V-Bottom" pattern

We've got a "Triple Top", so the price is declining, but bears faced support at 1.1683. Anyway, the market is likely going to...

USD/JPY: bullish
USD/JPY: bullish "Three Methods"

There isn't any reversal pattern so far, cause all the last candles are bullish. Therefore, the market is going to test the 89 MA.

EUR/USD: 55 MA tested once again
EUR/USD: 55 MA tested once again

We've got a bullish "Hammer" at the local low, but confirmation of this pattern isn't enough. So, the price is likely going to...

GBP/USD: bearish
GBP/USD: bearish "Pennant"

The price is consolidating between the levels 1.3032 - 1.3047. Also, there's a "Flag" pattern, so bears are likely going to...

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