CHF/JPY tested support
CHF/JPY has been declining since the middle of January. It went down, as the yen was the number one safe haven after the outbreak of the coronavirus in China.
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
AUD/USD looks weak
AUD/USD broke through the most important daily moving averages, slipped below the support at 0.6830.
Coronavirus and markets: where the connection is
This time, the coronavirus has affected not only China but the whole market sentiment. Let’s figure out why this has happened.
USD/JPY: upside is limited
On the H1, USD/JPY is recovering after the selloff that took place during the previous three days.
EUR/USD reminded about a slingshot strategy
The slingshot strategy is a good way to trade EUR/USD on the ECB meetings. Learn more!
USD/CAD is capable of more
USD/CAD made big moves during the Bank of Canada’s meeting yesterday. Still, the rally may not be over yet.
The BOC meeting splits traders’ expectations
The sideways trading of USD/CAD may be finally over after the meeting of the Bank of Canada at 17:00 MT time.
The US Dollar index and the international environment
Things in the economic world seem to be getting better. Is it better for the USD as well?
Levels to trade EUR/USD
The price action in EUR/USD has been quite unfavorable for the euro. On The W1, the 50-week MA limited the pair’s advance.
AUD/JPY looks exposed
AUD/JPY formed a “shooting star” candlestickon the W1. This week, it’s testing levels below the 50-week MA at 75.45.
Brent: is there a bottom?
On the W1, Brent oil formed a bullish “hammer”…
Gold and Japanese yen: who is not a safe-haven asset anymore?
In times of political and economic uncertainties, analysts recommend investing in safe-haven assets. However, since recently, the USD with the weak American economic data and the easing monetary policy has been losing its status. What about the JPY and XAU? The situation is unclear.
