Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

GBP/USD: pound reached 1.2900
GBP/USD: pound reached 1.2900

Expanding bearish Ichimoku Cloud but horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with horizontal lines.

EUR/USD: euro updated 2M-lows
EUR/USD: euro updated 2M-lows

Expanding bearish Ichimoku Cloud with falling Senkou Span B; a dead cross of Tenkan-sen and Kijun-sen, but the lines are horizontal.

EUR/JPY: euro is weaker than yen
EUR/JPY: euro is weaker than yen

On the daily chart of EUR/JPY, bears managed to pull the pair back to the medium term downward channel and implement the “Shark” pattern.

USD/CHF: should you buy or sell?
USD/CHF: should you buy or sell?

On the daily chart of USD/CHF, the pair has been reaching targets of the reversed “Shark” pattern with the 113% target.

GBP/USD: the GBP is weak
GBP/USD: the GBP is weak

On the daily chart of GBP/USD, the pair reached targets of senior and junior 1-2-3 patterns, as a result, the pair came back to the downward channel.

GBP/USD: bearish 'Thorn' pattern
GBP/USD: bearish 'Thorn' pattern

The market is likely going to test the next support area at 1.2913 - 1.2896. However, if a pullback from these levels happens next...

Be on top of your game

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Next callback request for this phone number
will be available in

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later

Don’t waste your time – keep track of how NFP affects the US dollar and profit!

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera