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Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

Information is not investment advice

AUD: the MAs pincers

The Australian dollar's price performance against the USD and JPY offers an interesting chart formation. Where does it go?

S&P 500 is about to fall

Most analysts believe S&P 500 is overbought and it will have a correction soon. What is the reason?

NZD/USD is pulling down

NZD/USD may be on the verge of breaking to lower levels. The pair formed a doji candlestick with a long upper shadow on the D1 - this is a bearish sign.

CAD: again under pressure

On April 15 the Bank of Canada announced the expanding of its first quantitative easing program.

STOCKS: banks reporting

JPMorgan, Bank of America and Citigroup reported their financial results this week. How did their stock respond?

EUR/USD has breached support

EUR/USD had been testing the support line connecting March and April lows. On Thursday, the pair slipped below this line.

GBP: three factors

Britain is at the crossroads of the virus fight. What is the outlook for the GBP/USD?

Bears keep playing with oil

Oil prices remain under pressure. After Brent has broken the consolidation range to the downside and fell below 30.00, it got some support ahead of 27.00.

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