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Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

Information is not investment advice

S&P: final battles

Our previous projection for the bounce from local support was correct. What does the way ahead of S&P look like now?

XAU/USD at the new highs

XAU/USD rose to the highest levels since 2012. The advance has become stretched and the price may try to correct down.

xau
EUR/GBP: bullish targets

EUR/GBP continues trading within an uptrend. The pair has managed to break above 0.9000 (38.2% Fibonacci retracement of the March-April decline) which now acts as support.

USD/JPY: changing platforms

June is not as straightforward as May was in terms of moods. USD/JPY reflects that in an interesting way - use that in your trade.

OIL: three paths

$40 is being tested by bulls of the oil market - once again after June 8. Which way it will go further?

How to trade EUR/USD?

EUR/USD will likely trade within the range in stayed in yesterday. The 100-period MA on the H4 (1.1225) supports the pair.

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