Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

EUR/USD: bearish
EUR/USD: bearish "Flag"

We’ve got a “Flag” pattern, so bears are likely going to test the nearest support at 1.0551 – 1.0524 during the day.

GBP/USD: trading in cloudy area
GBP/USD: trading in cloudy area

Narrowing bullish Ichimoku Cloud with falling Senkou Span A; a new correctional dead cross of Tenkan-sen and Kijun-sen; the prices are on the strong support of Senkou Span B.

EUR/USD: under pressure of Tenkan and Kijun
EUR/USD: under pressure of Tenkan and Kijun

Bearish Ichimoku Cloud with horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen, falling Kijun-sen; the prices are under the resistance of Tenkan-sen and Kijun-sen.

Oil market overview
Oil market overview

Traders said prices were being supported by strong demand, and also political uncertainty following the U…

GBP/USD: bears broke
GBP/USD: bears broke "Triangle"

The last “Triangle” has been broken, so bears found a support at 1.2376. At the same time, we’ve got a “V-Bottom”, so the pair is likely going to test the 89 Moving Average.

Morning brief for April 10
Morning brief for April 10

US yields moved higher on Monday as increased geopolitical risks pushed investors to favor safe-haven assets…

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