Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

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

 On a daily chart of USD/JPY, bears could not move the pair out of the upward channel and create a combination of “Three Indians” and 1-2-3 patterns. 

GBP/USD: 'Rising Wedge' pattern
GBP/USD: 'Rising Wedge' pattern

The price is going to reach the previously tested support at 1.2753 - 1.2728. If a pullback from this area happens next...

The key levels for gold in the upcoming days
The key levels for gold in the upcoming days

Last week was very promising for the gold bulls as the price managed to recover after the significant fall towards $1,200. What are the reasons behind this rise and where the gold is heading during this week?

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