Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

Levels to trade EUR/USD
Levels to trade EUR/USD

EUR/USD has turned up from the 50-day MA at 1.1715 yesterday. This is a sign that buyers are strong. Still, the short-term resistance line limits the upside at 1.1870.

USD/JPY: selling may continue
USD/JPY: selling may continue

USD/JPY is declining for the fifth day in a row. When the pair fell below 105.00, it entered a new, lower range.

NASDAQ Point a 3% Decline
NASDAQ Point a 3% Decline

US stock markets tumbled at the opening on Thursday as the Federal Reserve's warnings about a slow recovery from the pandemic.

USD/TRY surged to record high
USD/TRY surged to record high

USD/TRY continues moving upwards after breaking the all-time high of 7.50. Does it have more room to keep rallying? Let’s find out.

FED Disappointed Markets
FED Disappointed Markets

U.S. stocks are set to open sharply lower Thursday, with investors disappointed that the Federal Reserve decided against adding more stimulus to advance its goal of spurring inflation.

Risk Off after FOMC Statement
Risk Off after FOMC Statement

USD strengthens further in the post-FOMC Asia session. Read the article to get fresh analysis of EUR/USD, GBP/USD, CAD/JPY and silver!

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