EUR/USD had been testing the support line connecting March and April lows. On Thursday, the pair slipped below this line.
Daily Market Analysis
Britain is at the crossroads of the virus fight. What is the outlook for the GBP/USD?
Oil prices remain under pressure. After Brent has broken the consolidation range to the downside and fell below 30.00, it got some support ahead of 27.00.
The US dollar keeps growing against the Turkish lira. Will it be checked by multiyear highs?
Gold has almost returned to its March high after the recent huge pullback.
The world’s top oil producers pulled off a historic deal to cut global petroleum output by nearly a 10th, and they considered this deal as an end to the devastating price war that brought the energy industry to its knees.
Time to collect our knowledge about OPEC and prepare for its meeting.
The British pound is struggling, and there are a lot of reasons for that. What's the outlook?
GBP/JPY has formed a higher low, retraced 50% of the February-March decline, closed above 134.40 on Wednesday and is trading above the March high.
AUD looks stronger, RBA keeps the rate steady. How positive is the picture?
On the H4, we can see that EUR/USD has found a temporary bottom in the 1.0770 area. The pair is now trading above the former short-term resistance line going down from March highs (1.0835).
The USD/CAD price has been falling down since March 19. What are the reasons?