Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

EUR/USD: developing wave [ii]

The price is still declining, which means we should keep an eye on 0/8 MM Level as the nearest bearish target...

EUR/USD: "Double Top" pattern

The last "Double Top" pattern led to the current decline. The main intraday target is the nearest support at 1.1745 - 1.1719.

USD/CAD: bulls are ready for new highs

On the daily chart, bulls are trying to restore the short-term uptrend. They managed to defend their fortress near 1.2460. Now buyers are counting on growth towards 88.6% target of the inverted “Shark” pattern.


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