Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

EUR/USD: bearish
EUR/USD: bearish "Harami"

Bulls went through the "Window". Finally, an "Evening Star" formed, so there's an opportunity to have a local bearish correction.

GBP/USD: confirmed
GBP/USD: confirmed "Double Top"

We've got a "Thorn" pattern, which pushed the price to support at 1.2793. Meanwhile, the pair is likely going to test support at 1.2757.

EUR/USD: triangle in wave [B]
EUR/USD: triangle in wave [B]

There's a developing impulse in wave C of (E). The main bullish target is +1/8 MM Level, which could be a departure point for an impulse wave.

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