Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

EUR/USD: levels to trade
EUR/USD: levels to trade

On Tuesday, EUR/USD formed a candlestick with a small body and long upper and lower wicks - this is a sign of the market’s uncertainty.

EUR/CHF gets some help
EUR/CHF gets some help

It turns out that the Swiss National Bank is buying foreign currency in order to limit the appreciation of the CHF.

Apple’s stock is at risk
Apple’s stock is at risk

The stock of Apple formed a bearish candlestick with a very long upper shadow on W1 and closed below the 2018-2019 resistance line.

Brent is under pressure
Brent is under pressure

Brent oil closed last week below the 100-week MA at 61.86 for the first time since 2018

EUR/USD: a “hammer”
EUR/USD: a “hammer”

Despite the fact that EUR/USD fell as low as to 1.1025, it still managed to close the week above 1.11.

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