Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

EUR/USD: "V-Bottom" pattern
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 "Three Methods"
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 "Pennant"
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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