Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

AUD/USD holding above demand zone
AUD/USD holding above demand zone

AUD/USD has been trading above the 200 SMA at H1 chart and it made a rebound above the demand zone established by our Fibonacci retracement between the 0…

EUR/USD:
EUR/USD: "Double Top" pattern

The price is consolidating under the previously broken trend line. So, the pair is likely going to test the 34 Moving Average.

Oil (WTI) favored by the bears
Oil (WTI) favored by the bears

Oil (WTI) didn’t achieve to consolidate its gains above the 200 SMA at H1 chart and around that area, it found dynamic resistance; a move that was confirmed with a double top pattern…

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