After the EUR/USD hit 1.37 Tuesday morning the pair is on the retreat again. As the USD is regaining strength across the board it is possible that the high posted on Tuesday morning will be the high...

US equity indices performed positively yesterday. Early in today’s session Asia was mostly positive as well as investors grew optimistic on the back of a report, issued by the World Bank, that...

The price of gold is hovering around a one-month high, hit yesterday by $1’255.08/ ounce, extending last Friday’s peak. However, the precious metal is struggling to break decisively above key...

The follow through buying in AUD/USD continued yesterday up to 0.9050 before some profit taking settled in and the pair retraced down to 0.9020. Overall the short term trend has switched from “down”...

The USD/JPY stayed below the key 103.80 level as expected. We saw some follow through selling in the pair down to 102.85 before a recovery set in which led USD/JPY back up to 103.45....

Yesterday we wrote that: “…For today we expect a consolidation of that rally as some market participants are taking profit. As long as the pair stays above 1.3620 we consider this retracement as a...

US equities continued to drift lower in yesterday’s session. Yesterday Fed Reserve President for Atlanta, Lockhart’s, comments renewed his commitment to the Fed’s tapering project....

The start of the year rally in gold is taking a breather after failing to close above a key resistance level at $1’253/ ounce on Friday....

The price of gold managed to jump above short-term resistance at $1’238.60/ounce on Friday following the US non-farm payroll report....

We mentioned the importance of the 103.80 level in our weekly forecast this weekend. The USD bulls lost the battle for this level early this morning already and the pair continued Friday`s post NFP...