Fundamental Analysis

The Reserve Bank of New Zealand held its policy and interest rates unchanged at its meeting on Thursday, stating it would unlikely change its stance in the near future. Policymakers voted to leave the...
Fundamental Analysis

Oil continued to trade lower on Thursday as traders look ready to test new lows for crude prices with worries persisting over a global glut. Since peaking in late February, crude has dropped approxima...
Technical Analysis

Although the recent surge of the EUR/USD currency exchange pair was mainly caused by the depreciation of the US Dollar, the push was strong enough to pass the resistance of a channel down pattern. The...
Technical Analysis

As was anticipated, the Sterling done its best to erase most of Tuesday's losses yesterday, but was still unable to fully reclaim the 1.27 level, which resulted in a close 30 pips lower. The Cable is ...
Technical Analysis

The USD/JPY pair's attempts to recover were limited by the descending channel's resistance line. The exchange rate bounced back from this down-trend and is now expected to keep moving lower. The chann...
Technical Analysis

On Thursday morning the yellow metal traded above the monthly pivot point, which is located at the 1,253 mark. The bullion managed to surge during the early hours of June 22 due to the fundamental eve...