Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

EUR/CHF may form a triple top
EUR/CHF may form a triple top

For 3 weeks in a row, EUR/CHF tried to close above the resistance line connecting October and February highs and failed.

USD/CAD is volatile
USD/CAD is volatile

The day promises to be quite interesting for USD/CAD. The market awaits the news about the trade talks between the United States and China.

AUD/NZD failed at resistance
AUD/NZD failed at resistance

AUD/NZD spiked to 1.0720 this week after the Reserve Bank of New Zealand cut interest rate but then quickly retreated back to 1.06.

EUR/USD found a base
EUR/USD found a base

Although EUR/USD has recently tested levels just above 1.11, buyers didn’t let the euro fall lower.

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