Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

How about trading oil?
How about trading oil?

The oil market is awaiting news from the OPEC meeting, and traders should expect an increase in volatility and sharp moves of the price.

XAU/USD: the gold strengthens
XAU/USD: the gold strengthens

On the daily chart of XAU/USD, the successful break of the resistance at 1,229 signal the further rise of the gold.

Bitcoin: a trade idea
Bitcoin: a trade idea

There may be a harmonic pattern forming that can give the cryptocurrency a short-term bullish impulse.

XAU/USD: a slight recovery
XAU/USD: a slight recovery

While risk-sensitive currencies like AUD and NZD try to figure out whether to close gaps or not, the USD is strengthening versus gold.

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