Today's important market news - The latest polls ahead of the UK EU referendum have given a more convincing lead to the ‘leave’ camp, which has weighed more heavily on...
Sideways market emerging across the board - Most of the currencies are moving into a sideways pattern being established. EURUSD has bounced off above 1.1217 support and remains...
UK Retail Sales - The Chinese philosopher Lao Tzu said, "By doing nothing, everything is done." That may be the theme of the week as four major central bank meetings - US, Japan,...
Gold prices likely to move sideways - The markets opened today on a mixed note with GBPUSD extending declines including the euro, on a stronger US dollar. However, the yen...
The U.S. Dollar - The dollar edged higher against the euro and held steady against the yen today, as the previous session’s upbeat U.S. jobless claims data lent support to...
Daily Forex Analysis - The single currency was feeling the pain yesterday on the back of comments from ECB President Draghi, who was again underlining the ability of the ECB to...
AUDUSD Forex Technical Analysis - The AUD/USD posted a potentially bearish closing price reversal top on Thursday after briefly testing a major retracement. Friday’s subsequent...
XAUUSD carving out a head and shoulders pattern - Gold, despite the recent bullish momentum, is carving out a bearish head and shoulders pattern with the neckline resistance at...
Rising wedge on EURUSD (H4) signals a breakout to the downside - Failure to make a convincing close following the inside bar, EURUSD's rising wedge pattern signals consolidation...