Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

GBP/USD: confirmed
GBP/USD: confirmed "Thorn" pattern

The last "Pennant" pattern has been broken, so bulls found resistance at 1.2915. Nevertheless, the market is likely going to move on, so we should...

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

There's a "Thorn" pattern, which has been formed on the 89 Moving Average. In this case, the market is likely going to...

USD/JPY:
USD/JPY: "Tweezers" and "Doji"

The nearest "Window" has been broken, so the price is declining. If we see any bullish pattern on the closest resistance, there'll be an option...

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

The 34 Moving Average has acted as support, so the market is likely going to test the next resistance in the coming hours.

EUR/USD: pullback from 7/8 MM Level
EUR/USD: pullback from 7/8 MM Level

Wave [v] of C has turned out to be a diagonal pattern. It seems like wave (iii) has arrived, so bears are likely going to deliver wave (iv).

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