Technical Analysis

GBPUSD: With the pair continuing to hold on to its corrective recovery following its past week gains, more strength is envisaged in the new week. Support lies at the 1.2750 level where a break will t...
Technical Analysis

Crude oil has extended its falls for the fifth day. A barrel of Brent oil now costs less than $52 while WTI is at $45.50 at the time of this writing. At these price levels, both crude contracts have r...
Technical Analysis

The EUR/USD formed a key technical reversal pattern yesterday. As a result, it has been unable to climb higher despite the release of mostly stronger-than-expected Eurozone PMIs this morning, although...