USD/SGD: a short-term idea
Looking for a way to bet on the weaker USD, we considered several currency pairs but the one that came to our attention was USD/SGD.
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
NZD/USD will soon reach its limit
The short-term picture looks bullish, and NZD/USD will be able to reach 0.67 as long as it’s trading above 0.66.
Trade ideas for EUR/JPY
EUR/JPY is correcting up. There’s a bullish impulse on H4.
EUR/NZD is forming a top
Now we are much more certain that the pair will test lower levels.
CAD/JPY is testing lower levels
Risk aversion persists and so far there are no signs that the situation will improve.
Oil is sinking fast
The commodity is hurt by the uncertainty about the US-China trade tension and the future of global oil demand for the rest of the year.
Trade ideas for EUR/JPY
EUR/JPY formed a “hammer” candlestick on D1.
USD/ZAR: correction has started
It looks like USD/ZAR has overdone its increase in the short-term.
A trade idea for AUD/CAD
It looks like AUD/CAD formed an “Inverted Head and Shoulders” pattern on D1.
Stock market: Apple is vulnerable
There’s a way to bet on the increase in trade tensions between the United States and China that goes beyond the currency market.
GBP/USD: we are still selling
GBP/USD is trading below the weekly pivot level at 1.2707.
