Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

USD/JPY: "High Wave" pattern

We're likely going to have an upward correction soon. If a pullback from the Moving Averages happens little later on...

EUR/USD: 34 MA acted as support
EUR/USD: 34 MA acted as support

There's a "Hammer" pattern, which has been confirmed. So, the market is likely going to test the nearest resistance area...

GBP/USD: "Double Top" pattern

The main intraday target is the nearest resistance at 1.4082 - 1.4129. These levels could be a departure point for...

EUR/USD: "V-Top" pattern

The trend is still bullish, but the price is consolidating. The main intraday target is the next resistance at 1.2456 - 1.2500...

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