What are the reasons for its rally?
Daily Market Analysis
GBP/JPY: the pair is now trading slightly above the Kijun Sen. A failed attempt to move higher will lead GBP/JPY below the Kijun Sen.
AUD/USD is now poised to test the hurdle at 0.72045
GBP/USD is now gyrating the daily pivot point at 1.3308
The Japanese yen outperformed the US dollar. Here’s fresh trading ideas for the pair.
After an epic fall recently, the gold price is in correction mode. What is the long-term technical outlook?
What are the forecasts for the oil market? Is there any hope of a recovery?
The British pound keeps rallying for the second day, despite the overall sell-off on the market. What are the reasons?
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.
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.
US stocks are set to open marginally lower Thursday, consolidating after strong gains the previous session
AUD approaches the strong resistance at 0.7185. What may happen next?