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<p>On Tuesday, the EUR/USD currency pair revealed a medium-term descending channel and re-tested the upper channel line. During today’s morning, the pair was trading along the given line. From a theoretical point of view, it is likely that some downside potential could prevail in the market. In this case the exchange rate could decline

<p>USDCHF found some footing at the 0.9500 handle on March 30, extending its bullish action towards the 0.9800 key level. Also, earlier today, the pair touched the 20-day simple moving average (SMA) at 0.9680 and turned higher again. In the short-term, the market could retain the slightly bullish trading as the RSI holds marginally above [&he

<p>Cable eased on Wednesday, dragged by weaker Euro and weakened sentiment on rising number of COVID 19 fatalities. Situation over PM Johnson, who spent the second night in the intensive care but being stable according to media reports, adds to negative near-term tone. Bullishly aligned daily studies keep pound afloat for now as Tuesday’

<p>European stock markets are a couple of percent lower on Wednesday, pulling back a little after another strong start to the week. There’s no such thing as a boring day in the markets which means that even a day like today, when newsflow is maybe a little lighter than it has been, we continue to […]

Chile Consumer Price Index (Inflation) (MoM) declined to 0.3% in March from previous 0.4%

Crude oil prices suffered heavy losses in the second half of the day on Tuesday and the barrel of West Texas Intermediate closed the day 7.75% lower a

USD/JPY continues to trade in a limited intraday range around the 109.00 level and just below a major Fibonacci level, the 23.6% retracement of its la

The minutes of the unscheduled FOMC meeting last month on March 15th may give that rare glimpse behind the headlines to see what was motivating the ce

EUR/USD’s upside momentum managed to surpass the 1.09 level on Tuesday, although the bull run faltered around 1.0930, triggering the current leg lower

Lee Sue Ann, Economist at UOB Group, reviewed the latest decision by the RBA at its monthly monetary policy meeting. Key Quotes “As expected, the Rese