Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

USD/JPY has bottomed out

USD/JPY formed a higher low last week. Then it broke above the resistance line connecting May 13 low and the highs of June.

EUR/GBP met resistance

EUR/GBP met resistance in the 0.8990 area. It failed to overcome this obstacle for the second week in a row.

What awaits the USD?

In this article, we have gathered the main things you need to know about the US central bank and the USD. 

usd
CAD: BOC meeting and oil prices

To trade the Canadian dollar these days, you will need to have the info about the key fundamentals which are driving it: the upcoming Bank of Canada’s meeting (BOC) and the outlook for oil prices…

cad
AUD/USD reached an obstacle

The pair failed to close above the declining 100-day MA on Thursday forming a candle which is very similar to a “shooting star”.

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