Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

EUR/USD: 'High Wave' pattern
EUR/USD: 'High Wave' pattern

It's likely that the price is going to test the nearest support at 1.1335 in the coming hours. If a pullback from this level happens next...

EUR/JPY: the EUR weakens
EUR/JPY: the EUR weakens

On the daily chart of EUR/JPY, the implementation of the "Broadening Wedge" pattern continues.

USD/JPY: sell the USD
USD/JPY: sell the USD

On the daily chart of USD/JPY, bears try to implement the combination of the "Three Indians" and "Spike and Ledge" reversal patterns based on the 1-2-3 one.

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