Daily Market Analysis

In-depth technical & fundamental analysis for currencies & commodities

How to trade EUR/CAD?
How to trade EUR/CAD?

This week we can await a big move: either to the previous week’s high or to 78.6% Fibo level.

EUR/NZD is ready to fall
EUR/NZD is ready to fall

The pair’s continuing the overall downtrend since October as it breached down the wedge earlier this month.

AUD/USD may fall
AUD/USD may fall

If this week the Aussie closes in the negative area, it will continue towards the lower levels in line with the long-term downtrend.

How about USD/JPY?
How about USD/JPY?

USD/JPY made a sizeable move up last week. It retraced more than 50% of the December-January decline.

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