Breakouts are one of the most exciting conditions in the forex market. It is exciting for those who are on the right side of the trade, a missed opportunity for... Read more

EURUSD has continued its recovery by recording a steady rise since last week. After successfully passing the nearest resistance at 1.1920, EURUSD continued to rise and is now trading around... Read more

Introduction to the Double Zigzag – No Repaint Indicator Price action is often one of the most reliable indication of trend direction. This is based on a rising or falling... Read more

  This week the key Q1 Earnings season kicks of in earnest with many of the major US banks reporting.  The Q1 earnings is seen as key for setting the... Read more

US CPI jumped 0.6% in March with the core rate rising 0.3%, both hotter than projected. Those follow respective February increases of 0.4% and 0.1%. For the 12-month figures, headline... Read more

Cable has settled below yesterday’s 5-day resistance at 1.3778, while the Pound saw modest gains against the Euro and Yen. The biggest reopening so far in the UK, which yesterday... Read more

Market News Today – Investors position for key US inflation data later in the day. The start of the earnings season and reflation trades weighed on Wall Street yesterday and... Read more

The start of the second quarter has been characterized by a cooling in demand for the USD caused by a rise in demand for US Treasuries as the yield also... Read more

Market News Today – Equity markets started the weak in cautious modest. Asian stock markets headed south and Treasuries have erased earlier gains and are unchanged on the day, leaving... Read more

XAUUSD, H1 Gold prices fell on Friday, partly due to an increase in bond yields. That encouraged the Dollar to appreciate, plus this could be a sell-off for traders and... Read more