Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

Trade ideas for gold
Trade ideas for gold

The downside correction is long due in XAU/USD. Gold is stuck ahead of resistance at 1298.50.

GBP/USD is volatile
GBP/USD is volatile

The pound has made 2 sharp declines in January but then was bought back and quickly rebounded.

GBP/CHF is trying to rebound
GBP/CHF is trying to rebound

On W1, GBP/CHF is trading in a descending wedge. The pair recoiled from the pattern’s lower border and turned up.

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