Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

EUR/USD:
EUR/USD: "Shooting Star" pattern

There's a local bullish "Hammer", so the price is likely going to test the nearest resistance. If a pullback from this level happens, bears...

GBP/USD:
GBP/USD: "Rising Wedge" pattern

The price is consolidating under resistance at 1.3234, but we've got a "Double Top". If this pattern confirms, bears are likely going to...

EUR/USD:
EUR/USD: "Thorn" pattern

The last "Flag" pattern led to another bullish rally, so the price faces resistance at 1.1923. Also, there's a "Thorn" pattern, which means...

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