Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

USD/JPY:
USD/JPY: "Window" acted as support

There isn't any bullish pattern so far. However, we could have a local upward correction, but bears are likely going to continue to push...

EUR/USD: bearish
EUR/USD: bearish "Doji"

The lower "Window" is likely going to act as support. If a pullback from this level arrives afterwards, we could have another bullish...

GBP/USD:
GBP/USD: "V-Bottom" pattern

Bears faced support at 1.3087, so there's a "V-Bottom", which pushed the price higher. Nevertheless, if the 34 MA acts as resistance...

GBP/NZD inside a rebound zone
GBP/NZD inside a rebound zone

There is a corrective move in favor of the bears in GBP/NZD and according to our Fibonacci projections, the pair has tested a demand zone around the 61…

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