Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

EUR/JPY:  the euro doesn't have strength
EUR/JPY: the euro doesn't have strength

On the daily chart of EUR/JPY, if bulls can’t pull the pair out of the downward channel and break the resistance at 128.85, it will signal their weakness.

USD/JPY: the USD is weak
USD/JPY: the USD is weak

On the daily chart of USD/JPY, bulls couldn’t break the resistance at 113.25 that signals their weakness.

USD/CHF: the USD is strong
USD/CHF: the USD is strong

On a daily chart of USD/CHF a break of the resistance at 0.9985 let bulls continue to move up towards the 113% and 127.2% targets of the “Shark” and AB=CD patterns.

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