Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

Gold: 1 875 to go, 1900 coming
Gold: 1 875 to go, 1900 coming

You will find an interesting find-the-difference game in the article. When do you think gold will reach 1900 again?

USD/MXN: another wave down
USD/MXN: another wave down

USD/MXN got up recently. Is it a strategic trend change? Not yet - rather, another upswing to form a new wave downwards. Perfect positioning to go bearish.

Oil dropped on weak demand
Oil dropped on weak demand

Oil fell below $52.00 because investors expect a weaker oil demand amid rising Covid-19 infections and new lockdowns.

USD strength on risk off mood
USD strength on risk off mood

Asian equity markets traded cautiously after the mixed lead from Wall St where most indices stalled at record levels

Cable takes another peek above 1.3700
Cable takes another peek above 1.3700

World shares gained on Wednesday on bets of hefty US spending after US Treasury Secretary nominee Janet Yellen urged lawmakers to "act big" to save the economy and worry about the debt later.

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