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Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

Information is not investment advice

WTI wants to recover

WTI oil has found support in the 49.35 area for the second time this February.

AUD/CHF: levels to trade

AUD/CHF formed a higher low on the H1. The pair may be forming something like a “Crab” harmonic pattern.

NZD/USD is targeting lower levels

NZD/USD has met the resistance of the 200-day MA earlier this week (0.6500) and closed below the 100-day MA (0.6460) on Thursday.

Oil and coronavirus: will OPEC help?

The coronavirus caused a plunge of the recently recovered oil. We will consider the reasons behind that and make forecasts for the upcoming moves.

AUD/USD is driven by the news

Earlier this week, comments of country’s central bank had pushed AUD/USD up from the 2019 lows. Then it met resistance.

S&P 500: is the grand reversal knocking?

The last week of January was quite shaky for the markets, as the news on coronavirus pushed investors to buy safe-haven assets and Treasuries and selling the risky assets.

Gold: coming closer

Coronavirus is the theme of the day. How does it affect the gold price? What are the long-term consequences and how to trade it?

EUR/GBP can get higher

EUR/GBP formed an interim bottom in the 0.8930 area and closed above the 50-day MA at 0.8490 on Monday.

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