There are many things happening in the UK. What is the strategic outlook for the GBP?
Daily Market Analysis
The Australian dollar set a strong upward trend over a month. Will AUD loose its gains soon?
Last week NZD/USD once again met resistance in the 0.6155 area. As you can see from the chart, this area stopped the pair twice before within the recent month.
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The Canadian dollar broke out through the 1.40 psychological mark. What’s the reason?
How to trade gold in 2020?
Google is going up. When are we to expect full recovery? This short technical analysis will give you some clues where to look at.
Amazon is enjoying increased demand for its services. What should we expect?
The Mexican peso and the South African rand show very similar movement patterns. What are they?
It’s worth paying attention to AUD/JPY. The pair has approached the resistance line connecting April and May highs.
The way EUR/GBP bottomed around 0.8700, then rose above 0.8870 and jumped from the trendline support at 0.8910 shows that the pair possesses bullish momentum.
The New Zealand dollar seems to be tipping out against the USD. Will that be another full cascade downwards?