WTI oil has reached our previous targets. On the W1, a big bullish candlestick engulfed the previous bearish one.
Daily Market Analysis
The Bank of Mexico recently reduced the interest rate. The MXN gained against the USD. Isn't it strange?
Against the British pound, the euro is definitely not doing well this Friday. What's going on?
EUR/NZD formed a “hanging man” pattern on the W1 and went down to trade below the 100- and 50-week MAs.
EUR is having hard times. Against the USD, it drops to the levels of spring-2017. Reasons?
USD/BRL has been rising and is likely to do so in the observable future. What are the reasons for it and the technical levels to look at?
WTI oil has found support in the 49.35 area for the second time this February.
AUD is a very interesting currency among the major ones. What are its most useful peculiarities?
Intel stock trades at levels close to the all-time highs. How do we interpret that to trade it successfully?
PC industry is going through tough times. Same does HP stock. Or does it not?
AUD/CHF formed a higher low on the H1. The pair may be forming something like a “Crab” harmonic pattern.
The market awaits the big moves on the release of American job data at 15:30 MT time.