Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

EUR/USD: bullish 'V-Bottom'
EUR/USD: bullish 'V-Bottom'

It's likely that the market is going to test the next resistance at 1.2359 - 1.2372 in the short term...

GBP/USD on its way to resume the bullish bias
GBP/USD on its way to resume the bullish bias

GBP/USD is trading inside a bearish correction across the board and it managed to do a crossover between the 50 and the 200-hour moving average, which is helping to boost the bears to the downside…

EUR/USD: 'V-Bottom' pattern
EUR/USD: 'V-Bottom' pattern

The price is testing the 89 Moving Average. If this line turns out to be broken, we should keep an eye on the nearest resistance...

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