Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

XAU/USD: gold is resuming the uptrend
XAU/USD: gold is resuming the uptrend

Recommendations: BUY 1365 SL 1350 TP1 1395 TP2 1410 TP3 1425 BUY 1340 SL 1325 TP1 1380 TP2 1395 TP3 1410 On the daily chart of XAU/USD, the inability of bears to pull the pair below the support at 1302-1308 points at their weakness…

Bitcoin (BTC/USD): 7,608 again in sight?
Bitcoin (BTC/USD): 7,608 again in sight?

A wave of sellers has hit Bitcoin again, which is currently trading below the moving averages of 50 and 200 hours, which gave rise to a bearish crossover on the H1 chart…


According to the NAB Research, the AUD/JPY pair will break support levels displaying the strong yen and the weak Australian dollar…

GBP/USD: "Double Bottom" pattern

The 34 Moving Average has acted as support. In this case, we should keep an eye on the next resistance at 1.4233 - 1.4277...

EUR/USD: "Flag" pattern

The market is likely going to test the next resistance at 1.2412 - 1.2445. If a pullback from this area happens little later on...

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