AUD/USD is trying to recover
Biden maintains the lead in crucial Pennsylvania. EUR/USD little changed since this morning.
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
OIL: down to March levels
The oil market is down to June/March levels - which factors are affecting it now?
EUR/USD fell below 1.1690
EUR/USD currently below the 1.1650. Everyone is waiting for the results of the US elections, and the direction of the EUR/USD will be determined them.
EUR/USD very little changed since this morning
EUR/USD very little changed since this morning trading at the area of 1.1680, while USDJPY is trading at 104.50
The black gold looks set for the first weekly rise in three weeks
Futures are back in 'red' this morning following a few disappointing tech earnings reports after the US closure.
ECB remains pessimistic about European economy
ECB's Jochnick supports that the possibility of a double-dip recession cannot be ruled out yet
All eyes on ECB as risk off remains strong
EUR/USD is trading below 1.1750. Any further downside pressure will push prices down to 1.1730 and even lower to 1.1700.
USD/JPY trades to a new session low
U.S. stock markets are set to open with a modest bounce after their worst day in over a month on Monday.
Dollar keeps slightly softer as risk on returns
Asian equity markets resumed the weak performance seen across global peers which culminated in Wall St’s worst day in over a month
US Dollar Strengthens
Surging coronavirus cases and a stalemate in Washington over the next fiscal aid bill darkened the economic outlook in the run up to Nov. 3 presidential elections.
Risk Off Returns Strong
Gold moves to the 23.6% retracement level. It seems that gold loses strength under the current risk-off mood.
EUR/USD enters a consolidation period
GBP/JPY: The pair is trading in a bearish sentiment below the cloud. The currency pair has just surpassed the Kijun-sen and the Tenkan-sen, confirming a bearish momentum.
