EUR/USD approaches a resistance line found at 1.3563 level. Following the rise in the pair, we can expect a small pullback before any continuation of the current uptrend....

European equities were higher once more on Thursday while Asian markets were mixed on Friday morning. US equity markets were closed yesterday....

Yesterday we wrote that EUR/USD broke above a previous bullish trend line, and that a close above this line may signal further bullish momentum....

Trading activity overnight was quite low in anticipation of the US Thanksgiving holiday. Markets in US will be closed on Thursday, and only the bond market will open for half the day on Friday....

EUR/USD rose higher on four out of the last five trading days since bouncing off a support polarity line extending off the lows in October. The pair today broke higher than the previous bullish trend...

US equities closed flat after what appeared to be an optimistic trading session in anticipation of the Thanksgiving holiday tomorrow and Black Friday the following day....

As we approach month’s end, up to the time of writing, the EUR/USD is still trading around 1.3550 levels only just marginally off from where we officially started the current month at 1.3588....

Price action in GBP/USD stalled at a month high by 1.6240 yesterday. On the daily chart the pair has established a triple-top pattern which suggests the possibility of a downward reversal from here....

Looking at the 4 hour candlestick chart of Gold, we can notice the formation of an ABCD pattern....

Looking at the 4 hour candlestick chart of Gold, we can notice the formation of an ABCD pattern....