Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

USD/TRY is volatile

USD/TRY formed a bullish gap on the D1. It happened on the increase in the market’s risk aversion.

USD/ZAR: there’s more to come

USD/ZAR is capable of more downside on the ongoing trade optimism and as the market’s view switches to the Federal Reserve’s meeting later this month.

GBP/USD has a chance

The technical setup for GBP/USD allows expecting a rebound but it has to rise above the resistance first.

AUD/CHF closed higher

On Monday, AUD/CHF broke above the line connecting April and July highs at 0.6785 and managed to close the day above it.

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