Technical Analysis

The EURUSD pair has moved back below the psychological 1.2000 level, dropping over 100-pips from the new 2017 price high set on Tuesday, with price finding intraday support from the 1.1946 level. ...
Fundamental Analysis

The economic data returns to the limelight on Wednesday, with reports on German inflation and US employment making headlines. Action begins in Europe at 08:00 GMT with a ZEW survey on Switzerland’s ...
Technical Analysis

USDJPY (109.78): USDJPY fell sharply yesterday to mark a 4-month low at 108.26. The greenback managed to recover as the currency pair closed bullish on the day. Further near-term gains can be expected...
Technical Analysis

GBPUSD (1.2928): The British pound also posted modest gains, but price action fell to close bearish on the day. Still, the upside bias remains as the British pound could be seen pushing towards the 1....
Technical Analysis

EURUSD (1.1978): The euro touched fresh highs at 1.2069 yesterday, filling the gap from January 2015. With price action pulling back off the session highs, we could expect to see some retracement in t...
Technical Analysis

Brent has decreased in the last two days, but now looks undecided again. Needs a spark to be able to start a significant move. Is moving in range on the short term after the failure to close above the...
Technical Analysis

Price has found strong resistance at the 150% Fibonacci line (ascending dotted line) and now is going down again. GBP/USD failed to approach and reach the 50% Fibonacci line and now could drop towards...
Technical Analysis

Price is trading in the red rigth now and could resume the yesterday’s bearish candle. Technically is expected to decrease a little on the short term after the yesterday’s spike. EUR/USD rallied o...
Technical Analysis

Price increased in the early morning and should resume the upside momentum. Technically is expected to climb much higher after the false breakdown below the WL1 of the descending pitchfork and below t...
Technical Analysis

USD/JPY continues to move in range on the short term, failed to retest the downside line of this extended sideways movement, signaling that the bulls are still in the game and could redeem ground. Pri...
Technical Analysis

Price climbs higher aggressively as the USD was weakened seriously by the USDX’s drop. AUD/USD is strongly bullish on the Daily chart, should approach and reach the 0.8065 swing high, only a failure...