Daily Market Analysis

 XAG/USD: Silver stands above the 23.6% retracement area. An indecision still exists.

GBP/USD is now poised to retest the key support level at 1.3000. Jump in for the technical analysis!

ECB President Lagarde offered EUR/USD a free pass to head higher.

ECB September forecasts see higher inflation in 2021, Lagarde says that there is no need to overreact to euro gains.

The Mexican peso can have a breather as the USD is losing its grip. Read the article and use what you see.

With no major U.S. economic reports scheduled for release today, the U.S. dollar is set to take its cue from political and pharmaceutical headlines.

EUR/JPY: The pair is trading in a bullish sentiment above the cloud. The currency pair has just surpassed the Kijun-sen and the Tenkan-sen, confirming a bullish momentum.

Global markets again went their separate ways, with the Japanese, Korean and Chinese markets all falling heavily while European ones rose. Oil prices rebounded overnight as a degree of stability returned to risk assets.

The rout in tech stocks in the US over the last day has been a stiff test of nerve for European markets but one to which they appear to be equal, at least for now.

Asian equity markets were lower across the board amid strong headwinds from Wall Street where the tech rout intensified on return from the long weekend.

Gold continues to stand below the 23.6% retracement area. Bears gain strength.

Is the British Pound likely to crush the long-term resistance against the JPY?