Since 2017 the market has traded in a range where we currently can observe the upper band can be reached as resistance. Without breaking the current…
Oil prices have started to rally and show a breakout higher of the recent trend to the downside. As production cuts seemingly show promising signs also…
As the COVID-19 death toll in the US continues to reach bleak records week after week, and as the EU is seemingly about to reboot its…
We just sold the AUD/USD pair at 0.6539. We might see the pair heading lower as we approach the last hours of trading for the week…
After a major decline in the EUR/NZD we could see the market rebounding again. We bought at 1.7814 and could see it going towards the next…
A weaker USD is leading to further pressure on the JPY which is currently breaking the support area. USDJPY was a great sell entry at 107.05…
We have some positive news from the UK where Boris Johnson is set to return back to Downing Street on Monday after having been successfully cured…
The NZD is under pressure and could move lower against the dollar for the day as concerns that the Reserve Bank of New Zealand may start…
The novel coronavirus has brought upon a “series of unfortunate events”, causing most markets to plummet including the ailing oil industry. With the world now at…
Today, we saw a painful carnage in oil markets, with Crude WTI prices plummeting to as low as $14.66 per barrel, shedding nearly 19% in value.…
