Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

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

Bulls faced resistance at 1.1712, so we've got a "V-Top" pattern, which has been confirmed. Therefore, the market is likely going to...

GBP/USD: bullish
GBP/USD: bullish "Pennant" pattern

Bulls faced resistance at 1.3057, so the price is consolidating. Meanwhile, the pair is likely going to achieve resistance at 1.3077.

EUR/USD: 34 MA acted as support
EUR/USD: 34 MA acted as support

The price is consolidating between the levels 1.1679 - 1.1615. Nevertheless, bulls are likely going to reach the next resistance.

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