Market News and Analysis

The supply area the currency pair is entering is already being felt as GBP/USD is moving towards the rising resistance line at 1.5526/21 and appears to have difficulties extending the >>

As expected, the 200-day SMA was unable to stop the currency pair from advancing forward, since recently it has lost its topicality. >>

Precious metals rebounded on Monday as lower prices lured more buyers in China, India and Turkey. Moreover, weaker greenback coupled with speculation the Fed will keep its policy loose in >>

West Texas Intermediate oil was traded close to its 3-week high, while it was heading to a monthly drop as inventories in the U.S. jumped to the highest level in >>

Japan's retail sales decreased in March from the year before, when it was falling for the third successive month suggesting that the Asian's second biggest economy is recovering on a >>

The Canadian Dollar climbed to highest in two weeks against its U.S. counterpart on gains in the country's largest export, which is crude oil, and speculation the European Central Bank >>

The so-called greenback traded 0.2% from a week low against the shared currency as the Fed begun a two-day meeting on bets it would retain its asset purchases for the >>

Dukascopy Trade Pattern Ideas for NZD/USD (Rising Wedge), EUR/CAD (Channel Down), USD/ZAR (Channel Down) and USD/SEK (Channel Down) pairs till 08:30 GMT. >>

Consumer confidence in the United Kingdom declined in April as an increasing inflation in the country had an impact on Briton's salaries and lowered household incomes, the latest figures revealed >>

Industrial production in Japan eased in March missing preliminary estimated figures, when the best performance recorded chemicals, electronic parts and devices, a report revealed by the Ministry of Economy, Trade >>

Household spending in Japan increased by much more than economists originally expected in March, when it was rising for the third straight month, the latest data released by the Finance >>

The loonie cannot find any reasonable support level, as the price sharply depreciates towards the weekly S1 at 1.0111. >>

German equities advanced after Italy formed a new government. In addition, optimism on banks maintaining the economic stimulus grew. The DAX Index increased 0.5% to 7,854.02. All but two groups >>

The Aussie starts a week by firmly appreciating towards a very strong resistance at 1.0349 area, where the 55-day SMA converges with the weekly R1 and the monthly PP. >>

A 0.6% decline of the Euro's equally-weighted index throughout the last week was well-justified by the most recent fundamental data. >>