Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

EUR/USD: all Moving Averages broken
EUR/USD: all Moving Averages broken

There's a 'V-Top', which led to the current local correction. However, the pair is likely going to continue moving up towards the next resistance...

USD/JPY: confirmed 'Doji Star'
USD/JPY: confirmed 'Doji Star'

It's likely that the pair is going to reach the nearest resistance. If a pullback from this level happens next, there'll be a moment...

EUR/USD: broken 'Flag' pattern
EUR/USD: broken 'Flag' pattern

The market is going to test the next support at 1.1529. A pullback from this level could be a starting point for an upward correction...

USD/JPY: 'Doji Star'
USD/JPY: 'Doji Star'

The market is likely going to test the closest resistance at 111.24. This level could be a starting point for a decline towards 110.58...

EUR/USD: 'Three Methods' pattern
EUR/USD: 'Three Methods' pattern

The market is likely going to test the nearest support at 1.1560. A pullback from this level could lead to an upward correction...

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