EUR/USD rallied strongly throughout the whole day on Thursday. With the break above 1.36 the bearish scenario was off the table (“If the pair manages to close above 1.36 (orange resistance area) on an...

US equities slipped lower on concerns over a slowing manufacturing sector in the world’s second largest economy, China. Even the US preliminary PMI number for January showed some signs of easing...

After confirming a bearish wedge reversal pattern, the price of gold looked set to resume a downward path where it left off at the end of last year....

Dollar Yen continues to trade in a sideways range within the 104.85:104.00 boundaries....

The macro data induced rally in AUD/USD stalled at horizontal resistance near 0.8890 (blue circle). There was not much follow through to the upside after the Australian CPI data....

US equity performances at close appeared uneventful with much of the corporate data being reported by and large failing to overwhelm investors. A contraction below the 50 mark for HSBC/Markit Chinese...

EUR/USD is still trading in a bearflag pattern. We did not see a decisive breakout yesterday. Usually these patterns get resolved to the downside....

The price of gold has remained victim of a gravitational pull lower in this first half of the current week. Currently trading at $1241.98 the price action for the yellow metal has not only hit the...

The BoJ disappointed all the yen bears this morning as the central bank reiterated its high inflation forecast. The attack on the 105 level did not materialize....

With the breakout this morning we got the awaited confirmation. The bulls are dominating now in the short term (“The other scenario is a bullish one and involves a potential head and shoulders...