Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

EUR/USD: confirmed 'Inverted Hammer'
EUR/USD: confirmed 'Inverted Hammer'

Tthe market is likely going to test the nearest resistance at 1.1450 in the short term. A pullback from this level could be a starting point for...

USD/CAD: sellers lost the initiative
USD/CAD: sellers lost the initiative

On the daily chart, bears tried to form “Three Indians”, 1-2-3 and “Bat” with 88.6% target but failed to bring USD/CAD to an important support at 1.2925.

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