Coronavirus cases surge in Europe
USD/JPY is moving sideways between the pivot point at 105.708 and the resistance level at 106.26
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
GBP/USD: technical review
Where is GBP/USD going? See the long-term and short-term technical layout for this important currency pair.
The United States jobless claims will be released
USD/CHF is now testing the key resistance at 0.91519
European markets slightly higher after the record highs of S&P500
The advance of S&P500 came as shares of big tech stocks rallied and reflected the trend of the past months of this year in equity markets.
EUR/USD stabilized below 1.1950
The most traded pair takes a breath after reaching levels unseen since May of 2018.
South African Rand is boosted by risk-on mood
Goldman Sachs claims the ZAR may rise further, if global markets keep rallying. Let’s discuss it in detail.
S&P500 hit an all-time high in the previous session
USD/JPY: The pair is now trading within the cloud. Any decisive movement to the south will lead USD/JPY to exit the Kumo, confirming the bearish scenario.
S&P500 in flirt with a new all-time high
ER/JPY: The EUR/JPY pair is now testing the upper level of the cloud. A successful attempt to exit the Kumo will signal a new bullish sentiment.
USD/CAD: massive sell-off
The pair slumped to levels unseen since January. What’s next?
Tesla set new record
What are the reasons for its rally?
OPEC is set for a virtual meeting tomorrow
GBP/JPY: the pair is now trading slightly above the Kijun Sen. A failed attempt to move higher will lead GBP/JPY below the Kijun Sen.
S&P500 attempts last February’s record close
AUD/USD is now poised to test the hurdle at 0.72045
