Daily Market Analysis

Saudi Aramco has been recently introduced to the MT5 demo accounts. And there are a lot of useful peculiarities to this stock...

NZD/USD has met the resistance of the 200-day MA earlier this week (0.6500) and closed below the 100-day MA (0.6460) on Thursday.

The coronavirus caused a plunge of the recently recovered oil. We will consider the reasons behind that and make forecasts for the upcoming moves.

IBM stock price gives interesting signs. Does it favor a bullish stance?

Earlier this week, comments of country’s central bank had pushed AUD/USD up from the 2019 lows. Then it met resistance.

OPEC is thinking of an emergency meeting. Why is that?

The last week of January was quite shaky for the markets, as the news on coronavirus pushed investors to buy safe-haven assets and Treasuries and selling the risky assets.

Coronavirus is the theme of the day. How does it affect the gold price? What are the long-term consequences and how to trade it?

EUR/GBP formed an interim bottom in the 0.8930 area and closed above the 50-day MA at 0.8490 on Monday.

Last month was mostly driven by market sentiment. The beginning of January was highlighted by the geopolitical crisis between the US and Iran. After the markets calmed down, the coronavirus that appeared at the end of 2019 spread causing depreciation of the risky assets and appreciation of the refuge assets.

Last week EUR/NZD made a triumphant comeback to the upside. The pair rose above the 50- and 100-week MAs in the 1.7000/7025.

Finally, it happened: on January 31, 2020, the UK officially left the European Union. It was a long way since June 2016 when the Brexit referendum took place. Many things have changed. Nevertheless, it’s not the end yet.