Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

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

The 89 Moving Average has acted as support, so we've got a bullish "V-Bottom". Therefore, the market is likely going to...

EUR/USD: bullish
EUR/USD: bullish "Engulfing"

The price got support by the lower "Window", so we've got a bullish "Harami" pattern, which has been confirmed enough.

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

The last "Rising Wedge" has been broken. In this case, the pair is likely going to achieve the nearest support.

EUR/USD: bearish
EUR/USD: bearish "Flag"

The price is consolidating along support at 1.1131. Also, there's a bearish "Flag", so the pair is likely...

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