Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

EUR/USD:
EUR/USD: "Double Top" pattern

Bulls faced resistance at 1.1846, so the price is consolidating. Therefore, the market is likely going to reach the nearest support...

USD/JPY:
USD/JPY: "Harami" pattern

There's a "Shooting Star", which has confirmation. In this case, the 34 Moving Average is likely going to act as support...

GBP/USD:
GBP/USD: "V-Top" pattern

There's a consolidation, which is taking place between the levels 1.3158 - 1.3116. Also, there's a "Double Top" pattern, so...

EUR/USD: confirmed
EUR/USD: confirmed "Tripe Top"

Bulls faced resistance at 1.1757, so the price is consolidating. Therefore, we should keep an eye on support at 1.1679 as...

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