Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

EUR/USD favored by the bullish price action
EUR/USD favored by the bullish price action

EUR/USD remains supported in favor of the bulls and as we can see in the H1 chart, the Fibonacci area of 50% and 65% have provided the enough momentum in order to help the pair to consolidate above the critical level of 1…

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

The 34 Moving Average has acted as support so the price is rising. However, bulls didn't fixate above the "Runaway Gap", so...

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