Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

EUR/USD: bullish
EUR/USD: bullish "High Wave"

We've got a bullish "High Wave", but confirmation of this pattern is a quite weak. Therefore, the market is likely going to test the 55 MA.

EUR/USD: developing wave (iii)
EUR/USD: developing wave (iii)

There's a pullback from 3/8 MM Level, so the price is declining in wave [i]. The main intraday target is 0/8 MM Level, which could be...

Gold market overview
Gold market overview

Gold prices dropped sharply this Monday to $1218 (the lowest level in 2 months)…

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

The price is moving up and down between the Moving Averages. It seems like bears are ready to reach the next support.

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

There's a consolidation, which is taking place near the 34 Moving Average. However, the pair is likely going to...

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