Daily Market Analysis

EUR/USD formed a bearish candlestick with a big upper wick on the weekly chart.

The 55 Moving Average has acted as support once again, but there's no any reversal pattern so far. In this case, the pair is likely going to...

The main intraday target is the nearest resistance at 0.9962 - 0.9980. If a pullback from this area happens next...

EUR/USD met resistance at 1.1450 and turned lower.

USD/JPY broke below the January-March support line and the picture for the pair turned bearish.

The market faced support by the 55 Moving Average and the 'Window', so there're bullish patterns such...

All the Moving Averages have been broken. In this case, we should watch the previously tested resistance...

The outcome of the Federal Reserve’s meeting was dovish enough to let gold prices soar.

There's a bearish 'Engulfing' pattern, which has been formed under a local 'Window'. This pattern hasn't been confirmed enough...

It's likely that there's a developing 'Pennant' pattern. If so, the price is going to test the nearest support...

The Mexican peso is supported by the rising oil prices, while the USD weakened ahead of the Fed’s meeting.

There're bearish patterns such a 'Shooting Star' and a 'Harami', which both have been confirmed...