Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

GBP/USD is volatile
GBP/USD is volatile

The pound has made 2 sharp declines in January but then was bought back and quickly rebounded.

GBP/CHF is trying to rebound
GBP/CHF is trying to rebound

On W1, GBP/CHF is trading in a descending wedge. The pair recoiled from the pattern’s lower border and turned up.

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

The price is likely going to continue declining towards the 89 & 144 Moving Averages. If a pullback from these lines happens next...

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