Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

GBP: strike of hope
GBP: strike of hope

Boosted by positive vibes from the Brexit talks, the GBP goes all-out against the USD and the EUR. We'll see for how long.

Two reasons to buy Amazon
Two reasons to buy Amazon

Amazon has made two important announces: its famous annual sale Prime Day and the new cloud streaming service Luna. 

XAU/USD: how about a buy trade?
XAU/USD: how about a buy trade?

XAU/USD formed a “hammer” candlestick on the D1 ahead of the 100-day MA. The price made a higher low on the H4 and now only the resistance at $1 877 separates the precious metal from further gains.

US Job Claims Keep Markets Skeptical
US Job Claims Keep Markets Skeptical

The number of Americans applying for initial unemployment benefits came in at a larger-than-forecast 870,000 last week, signaling that the recovery in the labor market is losing momentum as the coronavirus pandemic lingers and layoffs continue apace.

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