Fundamental Analysis

The volume of Canada's wholesale sales decreased after the downwardly-revised 0.3% gain registered in the prior month, closing the year 2017 in red. Statistics Canada stated that the country's wholesa...
Fundamental Analysis

In February, Germany's investors continued to show strong confidence in the current economic situation even despite the ZEW indicator recording a decrease of 2.6 points from the prior month. Commentin...
Fundamental Analysis

European markets and US futures are trading lower. Investors are paying attention to the headlines coming from Italy where another election could be a possibility. The spread between 10-year Italian a...
Technical Analysis

Despite flashing bullish signals on Tuesday, the bearish momentum took over the market during the first part of the day, as the Euro managed to gather enough momentum to breach the 200-hour SMA and th...
Technical Analysis

Today, the Sterling could continue trading between the 55– and 200-hour SMAs slightly below the 1.40 mark. The northern side is also restricted by the weekly and monthly PPs, while the southern area...
Technical Analysis

The US Dollar continues to gain momentum against the Yen for the third consecutive session. The previously-drawn narrow channel up held strong on Tuesday even when the pair breached several notable re...
Technical Analysis

Tuesday's morning session was spent calmly, as the pair was fluctuating between the 23.60% Fibo and the weekly PP. This still movement changed later in the day when a strong hourly plunge allowed for ...
Technical Analysis

The AUDUSD pair had tried to build a base of support around the 0.78900 level after price moved above this area on the 14th of February. However, the level was breached from above yesterday and, after...
Technical Analysis

AUDUSD is nicely falling away from 0.7988 level, where corrective blue wave b found a top. We can see that Fibonacci ratio of 61.8 also proved to be good region of resistance and helped push price low...