Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

XAU/USD: a slight recovery
XAU/USD: a slight recovery

While risk-sensitive currencies like AUD and NZD try to figure out whether to close gaps or not, the USD is strengthening versus gold.

Will the JPY rise?
Will the JPY rise?

The Japanese yen gained on Wednesday and Thursday against the US Dollar on the comments from the Federal Reserve Chairman Jerome Powell.

EUR/USD: the EUR is strengthening
EUR/USD: the EUR is strengthening

On a daily chart of EUR/USD, there is a correction towards the downward middle-term trend as a part of the transformation of the "Shark" pattern into 5-0. 

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