EUR/USD: hints from the weekly chart
EUR/USD formed a bearish candlestick with a big upper wick on the weekly chart.
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
EUR/USD got hit by the news
EUR/USD met resistance at 1.1450 and turned lower.
USD/JPY can attract sellers
USD/JPY broke below the January-March support line and the picture for the pair turned bearish.
Stock market: Netflix is strong
Netflix stock closed yesterday above February and March highs in the 371.00 area.
Gold got new strength
The outcome of the Federal Reserve’s meeting was dovish enough to let gold prices soar.
Stock market: targets for Google
Google stock has been trading on the upside since the start of the year.
USD/MXN came in motion
The Mexican peso is supported by the rising oil prices, while the USD weakened ahead of the Fed’s meeting.
NZD/JPY will soon be out of the rage
The pair consolidated in the middle of the bullish channel during the last 5 days.
Stock market: McDonald’s is near resistance
Last week the stock of McDonald’s took off from the support in the 180.50 area and approached March high at 185.60.
Stock market: Pfizer has problems
Pfizer continues the downtrend since the end of the last year. Last week the stock experienced a heavy selloff.
EUR/NZD: the downtrend is still on
EUR/NZD has stalled ahead of the downtrend resistance line.
WTI oil may push higher
It looks like there’s a nice trade setup in WTI oil. The price rebounded from the 100-day MA in the 54.50 area last week.
