Predicting bitcoin’s future value. What causes its ups and downs?
In recent years, bitcoin has become an all-time favorite asset of many traders due to its fast appreciation…
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
Oil market overview
Brent oil futures have extended their decline below $46 per barrel – a nine-month low as rising supply offsets efforts by OPEC and other major oil producing countries to drain a glut…
USD/JPY: yen is playing with Shark
On the USD/JPY daily chart, target 88…
Morning brief for June 21
These last two days passed without any key data releases, but with more UK political uncertainty (the UK government is still not formed), an extremely dovish Mark Carney overlaid with a significant downfall in oil prices…
GBP/USD: pound dreams of waves
Recommendations: BUY 1,291 SL 1,2855 TP1 1,291 TP2 1,294, SELL 1,264 SL 1,2695 TP1 1,251, TP2 1,245…
Morning brief for June 20
Fed Dudley was a superstar of yesterday’s trading sessions. In the absence of any significant economic data overnight, the market’s focus was on Fed member Dudley who gave an upbeat assessment to the US economy and forecasted a further increase in inflation rate due to tightening of the labor market.