Daily Market Analysis

The commodity is hurt by the uncertainty about the US-China trade tension and the future of global oil demand for the rest of the year.

It's likely that the pair is going to test the closest resistance at 1.3563. If a pullback from this level happens next...

We should watch the next resistance at 1286.15 - 1295.25 as a potential target...

Despite the prevalence of the pro-European parties, the situation did not become any brighter after the elections as a lot of factors put additional pressure on the Eurozone.

There's a bullish 'Hammer' pattern, which hasn't been confirmed enough. In this case, it's likely that the market is going to test...

We should watch the next resistance at 0.8860 - 0.8885 as an intraday target. If a pullback from these levels happens next...

EUR/JPY formed a “hammer” candlestick on D1.

It looks like USD/ZAR has overdone its increase in the short-term.

There's a bearish 'Tower' pattern, which hasn't been confirmed yet. Thus, we should watch...

There's a bearish 'Thorn' pattern, which pushed the market lower. Also, we've got a bearish 'Flag', so the pair is likely...

It looks like AUD/CAD formed an “Inverted Head and Shoulders” pattern on D1.

There’s a way to bet on the increase in trade tensions between the United States and China that goes beyond the currency market.