Fundamental Analysis

Today will see the release of a set of UK economic data for March at 09:30 BST, including manufacturing production, industrial production, and trade balance. This will be followed by the Bank of Engla...
Fundamental Analysis

Oil shot higher by over 3 percent overnight as the U.S. Crude Inventories dropped by a massive 5.2 million barrels against a decline of 1.8 million expected. Brent spot traded as high as 50.35 and WTI...
Fundamental Analysis

Yesterday, Mario Draghi said th e ECB's forward guidance was meant to address tail risk and some tail risks are less and less probable. This could point to a removal of the 'or lower levels' phrase in...
Fundamental Analysis

Silver prices have been in free fall over the past few weeks but the bulls look as though they are finally mounting some sort of resistance. Specifically, there is mounting evidence that the embattled...
Fundamental Analysis

The pair is expected to find support at 113.71, and a fall through could take it to the next support level of 113.28. The pair is expected to find its first resistance at 114.46, and a rise through co...
Technical Analysis

Dollar strength prevails with the weakness in majors expected to continue. Dollar Index (99.60) is gradually advancing towards our target of 100.00-50 with support coming up at 99.35-25. ...