/daily-market-analysis/

    DAILY MARKET ANALYSIS

    Stay on top of your trading with analyses of the latest market news.

    16 July 2024
    Forex Market Analysis: Vance’s Business Ties Aid Trump 2024 Campaign

    CURRENCIES EUR/USD: Rides post-US CPI wave higher. Challenges resistance zone between 1.0942 and 1.0960. Bullish momentum might encounter resistance near 1.0916. GBP/USD: Surges post-UK election and US CPI catalysts. Risks overheating with RSI near overbought. Faces potential resistance at 1.3142. …

    15 July 2024
    Forex Market Analysis: ECB Rate Cut Signal & Market Trends

    CURRENCIES The ECB is expected to signal a rate cut for September: The ECB is likely to keep interest rates unchanged at Thursday’s meeting, but will provide guidance for a rate cut in September. Markets are expecting a 45 basis …

    9 July 2024
    Forex Market Analysis: Aussie Dollar Holds Near 2024 High

    CURRENCIES  Market summary: The Australian Dollar was slightly lower on Monday but remains near its 2024 peak due to solid and enduring monetary policy support. Unlike most major central banks cutting rates, the Reserve Bank of Australia is likely to …

    8 July 2024
    Forex Market Analysis: Euro Lower Amid French Election Shock

    CURRENCIES Euro (EUR/USD) analysis: French bond yields starting to move higher. Euro edges lower as markets wait for specifics. French election results and market impact: The recent French election resulted in a shock, leaving financial markets vulnerable. Contrary to expectations …

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