Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

GBP/USD: market is consolidating
GBP/USD: market is consolidating

It's likely that the pair is going to reach the closest resistance at 1.3291 - 1.3314. This area could be a starting point for...

USD/CAD: loonie learned 3 moves
USD/CAD: loonie learned 3 moves

On the daily chart, USD/CAD keeps forming “Three moves” pattern as well as “Spike and reversal with acceleration”.

EUR/USD: bearish 'High Wave'
EUR/USD: bearish 'High Wave'

We could have just a local downward correction. Meanwhile, a pullback from the nearest support at 1.1758 could be a starting point for...

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