Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

EUR/USD trading in a buy area
EUR/USD trading in a buy area

Following the ECB’s interest rate decision on Thursday, the EUR/USD pair fell to refresh its lows across the board and now it’s trading between a Fibonacci demand area of 100% and 123…

EUR/USD: bearish
EUR/USD: bearish "High Wave"

There's a "Shooting Star", which has been formed at the local high. So, the price is likely going to continue declining...

GBP/USD:
GBP/USD: "Double Bottom" pattern

The 34 Moving Average is likely going to act as support in the short term. If a pullback from this line happens little later on...

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