Daily Market Analysis

WTI trades right below the resistance of $33. What will its nearest step be?

The recent initiative for a $546-bln financial aid package in the Eurozone made the EUR/USD break local resistance. How much fuel does it have?

The coronavirus has changed everything. When analysts gave forecasts for 2020 at the end of last year, no one could foresee that the whole world would be seized by the pandemic.

You may not have noticed that but the Japanese yen rose every month this year. It grew more than other currencies of the Group-of-10 and became a top currency. How could it have beaten the powerful US dollar? Let’s see.

GBP/AUD opened the week with a gap down. Things like that have already happened before and, back then, the price continued its way down.

TRY bounced back to 6.9 as the government appealed for funding. Where is it headed now?

GBP/CHF slipped below the 50-day MA this week. The line is currently acting as resistance at 1.1905. Earlier declines below it led to bigger moves down.

AUD has a pause on the way up as 600,000 people lost jobs. Is it a short-term correction or change of a course?

WTI oil price is following an ascending curve. However, there are reasons for the consolidation. What are they?

Clouds are gathering above the stock market. Will it be the second bottom?

USD/JPY has returned below the 50-day MA as the market’s risk aversion increased. It seems that the market has formed an interim top.

Tesla surged after Trump’s tweet, but then dropped to the end of the trading session. What was the reason?