Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

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

The price is consolidating under resistance at 1.1949. So, the pair is likely going to reach the next support...

CHF/JPY: supply area found
CHF/JPY: supply area found

CHF/JPY is doing a retracement following a sharp drop held from July 25th highs and looks forward to resume the bearish bias…

EUR/USD: bullish
EUR/USD: bullish "Hammer" on 89 MA

The last "Window" has been broken, so the pair is likely going to achieve the nearest resistance area. If any bearish pattern arrives...

GBP/USD: broken
GBP/USD: broken "Flag"

The last "Double Bottom" led to the massive bullish rally, but bulls faced with resistance at 1.3444. Nevertheless...

EUR/USD:
EUR/USD: "Thorn" pattern

The 89 Moving Average has acted as support, so we've got a "Thorn" pattern on this line. Therefore, the price is consolidating...

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