Technical Analysis

GBPAUD made a nice five-legged drop from 1.8000 level, which can be regarded as the first sign for a locked in top, and for a minimum three-wave bearish reversal to be underway. After the five wave dr...
Technical Analysis

NZDUSD (0.7392): Price action in the New Zealand dollar looks somewhat similar to most of the other major currency pairs. After posting a fresh high, NZDUSD has also formed a double top pattern at the...
Technical Analysis

GBPUSD (1.4023): The British pound was seen easing back on Friday as price touched the previous support level of 1.4121 to establish resistance. The reversal at this level on the daily time frame indi...
Technical Analysis

EURUSD (1.2408): The EURUSD was seen easing back on Friday after price action rallied to a fresh three year high. By Friday's close, the euro currency was seen closing with a strong bearish price acti...
Fundamental Analysis

The pair is expected to find support at 0.9213, and a fall through could take it to the next support level of 0.9151. The pair is expected to find its first resistance at 0.9313, and a rise through co...
Fundamental Analysis

Japanese shares rose this morning, leading Asian stocks higher, while Brent oil advanced above USD65/bbl. Robert Mueller, the Russia probe special counsel, indicted 13 Russian individuals and three Ru...