Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

Wall St banks forecast oil at $100
Wall St banks forecast oil at $100

Financial giants such as JPMorgan and Goldman Sachs anticipate crude oil to skyrocket as high as $100 as the global economy rebounds.

USD/JPY: a SELL opportunity
USD/JPY: a SELL opportunity

USD/JPY rose to the resistance of the 50-week MA at 106.00. The pair is not at the resistance line since the end of December.

EUR/GBP: bears eye 16-month-old support
EUR/GBP: bears eye 16-month-old support

The dollar gains against low-yielding currencies on Wednesday, hitting a five-month high against the yen as US bond yields jumped on the prospects of further economic recovery.

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