The British pound has been gaining since May 18 and it’s unlikely to stop. What are the reasons behind this?
Daily Market Analysis
The Australian dollar is losing grip or just resting before it goes higher? Let's see the charts from a long- and short-term perspective.
Investors await the OPEC+ decision on output cuts. It will define where the oil price will go.
With the UK logically taking the side of the US in the Hong-Kong issue, what are possible consequences for the GBP?
On the D1 chart of GBP/USD the price action conforms to the bearish “Crab” pattern.
The EUR has been pretty strong recently. How long will that last?
The stock market takes a breath after the rally up for almost two weeks. What is the forecast?
In view of the tensed Sino-American relations, what are the likely outcomes for the USD/CNH?
What will drive EUR further?
The AUD is the strongest currency in the Forex market these days. What are the long-term perspectives?
Has the US dollar lost a top position forever?
We know that hammer formation may be effective in identifying trend reversals. Let's study it a bit closer to see real-life cases.