Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

EUR/GBP holding the 65% Fibo zone
EUR/GBP holding the 65% Fibo zone

EUR/GBP consolidates the price action above the Fibonacci zone of 65%, which is currently being held due that it’s proven to be a strong nut to crack across the board…

EURUSD: developing wave [iv]
EURUSD: developing wave [iv]

We're likely going to have a consolidation in the short term. Nevertheless, the market is likely going to continue moving up...

EURUSD:
EURUSD: "High Wave" pattern

If the 34 Moving Average acts as support, there'll be an opportunity to have another upward price movement...

EURUSD:
EURUSD: "V-Top" pattern

The market is likely going to test the nearest support at 1.2225 - 1.2164. If a pullback from this area happens...

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