Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

EUR/USD:
EUR/USD: "V-Top" pattern

The pair is likely going to test the 34 Moving Average in the short term. If a pullback from this line happens little later on...

Bitcoin (BTC/USD) on its way to extend a leg lower
Bitcoin (BTC/USD) on its way to extend a leg lower

The reduction in the volume of buyers' trades has been the main protagonist of the price action in Bitcoin, as the resistance of 11339 remains firm and is a difficult barrier to break with the current momentum that we are observing in the short term…

GBP/USD: pound bounced from Cloud
GBP/USD: pound bounced from Cloud

Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a golden cross of Tenkan-sen and Kijun-sen; a market reached the resistance of the Cloud’s bottom border.

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