Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

EUR/USD: broken
EUR/USD: broken "Pennant"

Bulls have broken the “Wedge’s” upper side, but the price faced a resistance at 1.0951 afterwards.

Gold came across the wedge
Gold came across the wedge

On the daily chart of gold, the bulls failed to settle down above the important resistance level of $1,287 per ounce…

EUR/USD: wave 2 on the way
EUR/USD: wave 2 on the way

Wave 2 has been continued, so there’s a new local high. Previously, we’ve got a wedge pattern in wave 1.

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