This pair is consolidating at present. The price is moving between 1.16500 and 1.14750. It is currently sitting between its 50 MA and its 100 MA at 1.15433 and 1.15564 respectively. Resistance comes in at the 1.15593 level followed by. Read more

The AUDCAD pair is pushing lower again today as it rejects trend line support now turned resistance at 0.97410. The fall last week took the price under the trough of the double top at 0.99326 and now points to a. Read more

At 07:55 GMT, German Markit Manufacturing PMI (May) is expected to be 55.9 against the previous 55.9. This data peaked in January at 63.3, when it exceeded the 2011 high of 62.7 and has been falling lower since. The data. Read more

Risk aversion on trade tensions carried into the European session yesterday morning was replaced with a relief rally in the US pre-market as President Trump appeared to go easy on China and its ability to invest in the US. The. Read more

The GBPUSD pair is continuing its decent lower and has reached a low of 1.30664 today just above support at 1.30586. The next level of support is 1.30000 which is a big psychological level for traders that will see buyers emerge t. Read more

The gold chart has played out as a double top with a break under 1300.00 signalling a move down to 1240.00 from its highs at 1365.00. We have now reached the 1250.00 area and some profits are likely to be taken from. Read more

Asian markets continue to suffer from fears around international trade. The MSCI ex Japan Index continued its decline falling to a two-year low due to the American legislator’s adoption of a project that complicates China’s buying and investing in U.S.. Read more

The rise in the USD against the MXN has been halted with a push down from resistance ahead of 21.00000 to the 50 DMA at 19.77420. Today the price is holding under 20.00000 after bouncing from the 50 DMA yesterday.. Read more

The Organisation of the Petroleum Exporting Countries (OPEC) concluded its meeting in Vienna last week by agreeing to raise output from July by about 0.6 to 0.8 million bpd, however, the real increase will be somewhat less as some countries. Read more

The US indices are set to start the week with losses as trade tensions escalate. President Trump tweeted on Sunday that trading partners should remove their “trade barriers and tariffs or be met with more than reciprocity by the U.S.”.. Read more

This pair is testing its weak support trend line also after rejecting from the 84.500 area early in the month. The pair moved lower today on fresh fears of an escalation in the trade war between the US and China. Read more

The USDCAD pair has been trading over the past week with one eye on the OPEC meeting in Vienna. When the announcement was made on Friday that production levels would remain on hold with a greater focus on compliance, the pair moved. Read more