Technical Analysis

The AUD/USD has been in a steady uptrend identified by confluence points (POC) rejections and an upward zig zag trend pattern. POC (trend line EMA 89, 60.0. D L4, ATR pivot, historical buyers) 0.7888-...
Fundamental Analysis

The EUR's has surged to a new two-year high outright earlier this morning (€1.1679) while most major stock exchanges consolidated as the markets assess an investigation into the U.S. president that ...
Fundamental Analysis

The DAX index has posted small gains in the Friday session. Currently, the DAX is trading at 12,454.20, up 0.22% on the day. It's a quiet end to the week, with no German or eurozone releases. On Thurs...
Technical Analysis

The yellow metal continues to surprise the bulls. The commodity price was reaching for the 1,250 mark on Friday morning. It was initially expected on Thursday that the metal will decline down to the l...
Technical Analysis

Yesterday, as Mario Draghi spoke, the common European currency skyrocketed against the rest of the markets. After the ECB press conference the EUR/USD currency exchange rate stopped at the upper trend...
Fundamental Analysis

The stronger-than-expected UK retail sales report failed to support the British Pound, as the gain was thought to be related to temporary warm weather effects. At the moment of data release, the Sterl...
Fundamental Analysis

The fourth consecutive healthy Australian employment report boosted a 30-basis point increase in the AUD/USD exchange rate, sending the Aussie to fresh 2017 highs right after the data was released. An...