Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

USD/CAD: sell in the downtrend
USD/CAD: sell in the downtrend

USD/CAD remains within a downtrend. As a result, selling the pair as it turns down from resistance is the best strategy. Support lies at 1.3125.

British Pound Under Pressure
British Pound Under Pressure

Global stocks barely budged on Friday as investors tightened positions with less than two weeks to go before the U.S. presidential election and awaited a breakthrough in stimulus talks in Washington.

Biden’s victory will drive yuan up
Biden’s victory will drive yuan up

The US-Chinese relationship has been tense amid Trump’s governance, but if Biden wins, the situation may change. Let’s find out what it means for the Chinese yuan.

USD/TRY: a lot of problems... for TRY
USD/TRY: a lot of problems... for TRY

One US dollar buys almost eights Turkish liras now. May it be sixteen in another couple of years? Check the article to see why that is a possibility.

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Don’t waste your time – keep track of how NFP affects the US dollar and profit!

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