Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

EUR/USD:
EUR/USD: "Double Bottom" pattern

The market is likely going to test the next resistance at 1.2445 - 1.2474 in the short term. If a pullback from this area happens...

GBP/USD: 1.4000 in sight?
GBP/USD: 1.4000 in sight?

GBP/USD was favored by a broad-based USD weakness during Tuesday’s session, following the news of Rex Tillerson’s dismissal as U…

GBP/USD:
GBP/USD: "Double Top" pattern

The pair found support at 1.3876, so we could have a bullish price movement towards the nearest resistance at 1.3918 - 1.3928...

EUR/USD: developing
EUR/USD: developing "Pennant"

The market is likely going to test the nearest support at 1.2275 - 1.2234. If a pullback from this area happens little later on...

XAU/USD: will bulls return to the game?
XAU/USD: will bulls return to the game?

Recommendation: BUY 1332 SL 1317 TP1 1362 TP2 1385 TP3 1400 On the daily chart of XAU/USD, bulls are trying to keep the pair inside the uptrend channel and don’t lose hope for reaching 127…

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