Fundamental Analysis

The US dollar gave back some of its gains on Thursday but risks in China are rising after S&P downgraded its sovereign rating to A+ from AA-. The pound was the top performer while the Australian dolla...
Technical Analysis

Zigzag is a 3 waves corrective pattern which is labelled as ABC. The subdivision of wave A is in 5 waves, either as impulse or diagonal. The subdivision of wave B can be any corrective structure. Fina...
Technical Analysis

The currency pair seems too exhausted to climb much higher at this moment, so it could come down to retest a support level before will reach and retest a support level. It looks undecided right now al...
Technical Analysis

USD/CHF resumes the upside momentum and seems poised to reach fresh new highs in the upcoming period. Has finally managed to make an aggressive breakout, which will lead the rate at least till the upp...
Technical Analysis

Price is trading in the green after the yesterday's minor decrease. A valid breakout above the 150% Fibonacci line (ascending dotted line) will confirm a further increase. The next upside target will ...
Technical Analysis

Price-action has reclaimed the 1.1900 handle on the EURUSD pair, ahead of today's key note speech by European Central Bank President Mario Draghi, at the second ESRB annual conference in Frankfurt, Ge...
Technical Analysis

Sterling is turning lower, after failing to move above the pairs key 50-hour moving average, at 1.3515. The British pound is also coming in-line with the broader intraday theme of overall U.S dollar i...
Fundamental Analysis

The Fed's decision to leave the benchmark interest rate unchanged was entirely anticipated yesterday, but their ‘hawkish' forecast for where rates will be at the end of the year caught some of the m...
Fundamental Analysis

US futures are ready to pick up where they left off thanks to the rising bank stocks which pushed the US indices to another record highs. The euro-dollar pair has started to move back up ahead of Mari...