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EUR/USD failed to extend the recovery further north of the 1.0970 area at the beginning of the week. If the recovery picks up more serious traction, t

DXY has come under further selling pressure on Monday after breaching the key support at the psychological 100.00 mark. If sellers push harder, then t

The expansion of the Federal Reserve's program to include some junk bonds is aimed at helping companies that were investment grade before the crisis,

Following multi-day peaks in the 119.00 neighbourhood last week, EUR/JPY has regained some downside bias and it has now broken below the key support a

<p>US stocks are lower in what was supposed to be a lackluster session with much of the world on holiday. Investors are bracing for tomorrow’s earnings season kickoff, which will likely focus on the banks’ cautious outlook for the US consumer. Investors find themselves in a precarious position going into this week since the S&P […

<p>The cross eventually broke below key support at 0.8746 (200DMA / Fibo 61.8% of 0.8281/0.9498 rally) which kept the action in past seven days, containing multiple attacks. Fresh risk aversion pushed the Euro lower in the US session on Monday, while sterling kept firm tone and holding around cracked 1.25 mark against the dollar. Close [&hell

<p>WTI oil price holds in red for the second day and fell to new over one-week low at $21.98 on Monday as overall sentiment remains weak. OPEC+ group reached a deal to reduce output by 9.7 million bpd (approx. 10% of daily production) but markets continue to worry that strong fall in global demand (April’s […]

<p>AUDUSD looks to be picking up again, something also mirrored within the short-term oscillators. The pair plotted gains above the supportive trend line drawn from 0.5506, with the latest move from 0.5979 extending past the simple moving averages (SMAs). The MACD, although marginally below its red trigger line in the positive section, looks

<p>Cable regained traction and probed above 1.25 marks, cracking important Fibo barrier at 1.2516 (61.8% of 1.3199/1.1409) in lower-volume Easter Monday trading. Bulls returned to play after pausing on Friday, with attempts through initial barrier at 1.2484 (27 Mar /10 Apr range top) and 1.2500/16 pivots, on track to generate bullish signal i

<p>The US 500 cash index has been developing within an upward sloping channel, following the rebound on the 39-month trough, achieved on March 23. The price had a successful jump above the simple moving averages (SMAs) in the 4-hour chart, while the technical indicators are moving sideways, with the MACD crossing just below its trigger [&hell