Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

AUD/USD: 'V-Bottom' pattern
AUD/USD: 'V-Bottom' pattern

It's likely that the pair is going to touch the previously tested resistance at 0.7131. If a pullback from this level happens next...

EUR/GBP: another 'V-Top' pattern
EUR/GBP: another 'V-Top' pattern

It's likely that the price is going to reach the previously tested support at 0.8483 soon. If any bullish pattern form on this level little later on...

GOLD: price to test Moving Averages
GOLD: price to test Moving Averages

There's a bearish 'Harami', which led to the current decline. Also, we've got an 'Inverted Hammer', but this pattern remains unconfirmed...

EUR/USD: main trend still bearish
EUR/USD: main trend still bearish

There's an 'Inverted Hammer', which hasn't been confirmed yet. In this case, for now, it's likely that the market is going to test...

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