With EUR/JPY, there are several technical observations that we may put to practical use and demonstrate some important basics of technical analysis. Let's get going.
Daily Market Analysis
Asian equity markets traded mixed with cautious gains in the major regional bourses after the tech-rebound on Wall St. and better than expected Chinese trade data
The gains the WTI oil price did recently are pretty outstanding. Use it - but read the analysis first.
The GBP is the strongest and the USD is the weakest.
Here is the technical analysis of GBP/USD, EUR/JPY, silver, and AUD/JPY!
The US dollar is quite strong these days. How do set the levels for the main pairs?
Asian equity markets began the week indecisively as ongoing COVID-19 concerns and US-China tensions contributed to the cautious mood.
Will this stock price declare its full recovery above $140 per share or not? This Friday's earnings report will tell!
A risk on and weak dollar theme dominated markets on optimism regarding vaccines, US and UK fiscal stimulus, and Brexit, with hope an agreement on the latter can be reached soon.
U.S. stocks are set to open moderately higher, with signs of the market slowing down ahead of the Christmas holiday.
The gold price is at $1 860. Is it an uptrend, a downtrend, or what? Read, see, and trade.
The U.S. Congress passed the $900 billion coronavirus relief bill, sending it to President Donald Trump for its signature into law.