Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

EUR/USD:
EUR/USD: "Doji" pattern

It's likely that the 34 Moving Average is going to act as support. If so, there'll be an opportunity to have a local upward correction...

GBP/USD: main trend still bullish
GBP/USD: main trend still bullish

The price is still consolidating near the 34 Moving Average. So, it's likely to have a decline in the direction of the closest support...

EUR/USD:
EUR/USD: "Double Top" pattern

The price is testing the 34 Moving Average. If this line turns out to be broken, bears are going to reach the next support...

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