NZD/CAD has reached a 200-week MA (0.8950) and formed a “shooting star” candlestick on the D1. On the H4, we see a lower high.
Daily Market Analysis
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According to analysts from Citigroup, crude oil prices will never reach $100 a barrel again. They claimed that the idea to reach such a high level “has far more fantasy than reality at its heart”. It’s a really severe statement. What are the reasons?
GBP/USD seems to be bouncing downwards. Where will that end?
The earnings season adds fresh volatility to the stock market. We picked up the best stocks of the best for you. Check them out.
XAU/USD has moved this week in line with its short-term uptrend and the overall long-term uptrend reaching $1 865.
The risk-on market sentiment pushed the stock index upward. What are the forecasts?
Short term - sideways; long term - looks like an all-time high is coming...
The pair is trading near 1.1450. Does it still have the potential to the upside?
Gold prices tend to rise together with risky assets as investors try to hedge their exposure to stock investments.
EUR/GBP is trying to break higher after the consolidation that took the major part of this week.
The next week may definitely be called Australian due to the huge amount of economic releases.
Learn what to expect from the statement...