Daily Market Analysis

There’s still scope EUR/JPY to rise towards the 118.70/119.85 area, where a reversal to the downside should take place.

There is a certain resemblance of the S&P chart now and how it performed in June 2019 with relation to the MACD. The conclusion may not be very consoling.

S&P 500 and other stock indexes rose over the past 12 months despite the global recession. Should you buy it now?

GBP/USD formed a “Piercing line” pattern on the D1. The pair rose to the resistance line that connects April 30 and May 8 highs.

WTI trades right below the resistance of $33. What will its nearest step be?

The recent initiative for a $546-bln financial aid package in the Eurozone made the EUR/USD break local resistance. How much fuel does it have?

The coronavirus has changed everything. When analysts gave forecasts for 2020 at the end of last year, no one could foresee that the whole world would be seized by the pandemic.

You may not have noticed that but the Japanese yen rose every month this year. It grew more than other currencies of the Group-of-10 and became a top currency. How could it have beaten the powerful US dollar? Let’s see.

GBP/AUD opened the week with a gap down. Things like that have already happened before and, back then, the price continued its way down.

TRY bounced back to 6.9 as the government appealed for funding. Where is it headed now?

GBP/CHF slipped below the 50-day MA this week. The line is currently acting as resistance at 1.1905. Earlier declines below it led to bigger moves down.

AUD has a pause on the way up as 600,000 people lost jobs. Is it a short-term correction or change of a course?