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<p>The S&P 500 Futures remain under pressure after they closed lower yesterday as market sentiment was impacted by oil price collapsing into negative territory. Later today, official data on U.S. Existing Homes Sales for March will be released (an annualized rate of 5.30 million units expected). European indices are on the downside. ZEW

<p>It is still all about oil. After the yesterday’s jaw-dropping oil price collapse with the expiring May contract, many investors took some calm that the impact to the rest of the curve was limited. Today, traders are saying that they are not waiting till the next expiry to make oil prices crumble again. Except for […]

<p>The EUR/NOK currency pair has been trading within a rising wedge pattern within the beginning of April. From a theoretical point of view, it is likely that the exchange rate could trade within the given pattern until the middle of May. Then, a breakout north could follow, and the rate could decline to the psychological […]

<p>The common European currency has been trading sideways against the British Pound since April 8. The currency pair breached the lower boundary of an ascending channel pattern during this period. Technical indicators flash buy signals on the weekly time-frame chart. Therefore, bullish traders could pressure the price towards the monthly pivo

<p>The US Dollar has declined more than 190 pips or 1.99% against the Swiss Franc since April 6. The currency pair tested the 200– period simple moving average at 0.9623 on April 16. As for the near future, the USD/CHF exchange rate could continue to trade in the dominant ascending channel pattern. Bulls could drive […]

<p>Notes/Observations German April ZEW Survey shows some light at the end of the tunnel Oil continues to face headwinds and eroding overall global risk appetite for the time being Asia: RBA Apr Minutes noted that daily operations likely to be on a smaller scale in near-term if conditions improved. To do what is necessary to […]

<p>The US dollar rose against a basket of major currencies amid a sharp drop in oil prices. The US dollar index (#DX) closed in the positive zone (+0.22). Investors have started investing in the US currency, as it is a safe-haven asset. This week, experts expect the EU summit, where measures to fight the effects […]

<p>The greenback seems to be strengthening slightly but steadily against its counterparts as its safe haven qualities shine once again. The dollar’s ascent was noticed particularly against currencies of oil producing economies, such as the CAD, as U.S. crude futures prices reached historic lows, being below zero for US oil futures contracts,

<p>The euro currency has continued to slide against the US dollar during the European trading session, with the pair approaching the 1.0800 level. According to technical analysis, the 1.0770 level offers the foremost technical support below the 1.0800 level. EURUSD bulls need to quickly rally the pair back above the 1.0880 resistance area to

<p>Bitcoin is starting to hold below the $6,900 support level, following Monday’s powerful reversal from the $7,200 level. BTCUSD bulls need to move price back above the $7,000 resistance level to encourage traders to start to buy the cryptocurrency again. If sellers gain traction below the $6,770 level the BTCUSD pair could fall back towards