Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

GOLD: still looking upwards
GOLD: still looking upwards

After an epic fall recently, the gold price is in correction mode. What is the long-term technical outlook?

Risk Off Mood Gains Momentum
Risk Off Mood Gains Momentum

European stock markets traded lower Friday, with travel stocks weighing after Britain added more countries to its quarantine list while Chinese data suggested a slow economic recovery.

Quiet Markets Looking for Dirrection
Quiet Markets Looking for Dirrection

European stock markets are seen opening cautiously higher Friday, with Chinese economic data suggesting a slow recovery ahead of the release of quarterly growth numbers for the eurozone.

USD/JPY: is here a pattern?
USD/JPY: is here a pattern?

Price action in USD/JPY is in line with the bearish harmonic pattern “Gartley”. The pair has approached resistance at 106.88 (descending 50-day MA).

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