Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

GBP/USD: picture has worsened
GBP/USD: picture has worsened

GBP/USD turned down from the levels around 1.3015 this week and fell below the 100- and 200-day MAs in the 1.2960 area.

EUR/CHF: it’s hard for the euro
EUR/CHF: it’s hard for the euro

EUR/CHF met resistance at the 50-week MA around 1.14. The Moving Average has recently formed a “dead cross” with the 100-week MA.

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