Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

GBP/USD: "Double Top" pattern
GBP/USD: "Double Top" pattern

The pair is likely going to decline in the direction of the closest support at 1.3336. If we have a pullback from this level, there'll be a moment...

EUR/USD: "High Wave" pattern
EUR/USD: "High Wave" pattern

The nearest "Window" is acting as resistance, so the 89 MA is likely going to act as support. If so, there'll be an opportunity to have...

EUR/USD: "Double Bottom"
EUR/USD: "Double Bottom"

The main intraday target is the nearest support at 1.1808 - 1.1792. If a pullback from this area happens, there'll be an opportunity...

USD/JPY: dollar returned into Cloud
USD/JPY: dollar returned into Cloud

Bearish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen, with rising Kijun-sen; the market is in consolidation inside a Cloud and may supported by Tenkan and Kijun.

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