Daily Market Analysis

The outcome of the Federal Reserve’s meeting was dovish enough to let gold prices soar.

There's a bearish 'Engulfing' pattern, which has been formed under a local 'Window'. This pattern hasn't been confirmed enough...

It's likely that there's a developing 'Pennant' pattern. If so, the price is going to test the nearest support...

Google stock has been trading on the upside since the start of the year.

The Mexican peso is supported by the rising oil prices, while the USD weakened ahead of the Fed’s meeting.

There're bearish patterns such a 'Shooting Star' and a 'Harami', which both have been confirmed...

There's a local 'V-Bottom' pattern, so the pair is likely going to achieve the previously tested resistance...

The pair consolidated in the middle of the bullish channel during the last 5 days.

The last bullish 'Harami' pushed the price higher. The price is near the 34 Moving Average, but there's no any bearish pattern so far...

A good trader should be prepared for the events which are likely to shake the market.

The market broke all the Moving Averages and there's no any reversal pattern so far. In this case, we should watch the next resistance...

Last week the stock of McDonald’s took off from the support in the 180.50 area and approached March high at 185.60.