Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

GBP/USD has a chance
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
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.

USD/JPY: levels to trade
USD/JPY: levels to trade

The USD is going to be volatile on Friday, September 6, as America will release Nonfarm Payrolls data at 15:30 MT time.

EUR/NZD may form a top
EUR/NZD may form a top

Last week, EUR/NZD got rejected from the resistance at 1.7590 thus failing to reach new highs.

EUR/GBP faces bearish risks
EUR/GBP faces bearish risks

An attempt of EUR/GBP to break higher earlier this week has been rejected: the advance stopped at 0.9150.

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