On EURJPY, we can observe a descending triangle pattern, as the price generated a large bearish candle of over 80 pips around 9 o'clock on the H1 timeframe. Currently, the price is approaching a Forex48 block, which is a high reaction zone, especially if there's a double confirmation on the M15 time

NZD/USD closed above 0.66 on Wednesday, invalidating a double top bearish pattern.  Daily chart indicators continue to call a bearish move.  The NZD/USD pair clocked a session high of 0.6628 a few minutes before press time, having closed above 0.66 on Wednesday.  The pair's break above 0.66 has inv

Over the last week, the price of the yellow metal was seen to track an upward rise - approaching $1,900, on the back of USD weakness and sluggish US equities.Should the stimulus package be approved, it will further add on to the US public debt which is currently climbing at a historic pace– which in

The dollar and yen picked up some safe haven demand during pre-London trading in Asia, though not before printing fresh lows against many currencies in pre-London trading in Asia. Month- and quarter-end factors contributed to some positional chop in currencies and other markets. Stock markets tumble

AUD - Australian Dollar The overnight session saw the AUD rise from 0.7100 to 0.7174 against its US counterpart as US equity markets rose. US equities were bolstered by stronger than expected economic data out of the US, coupled with increased hopes that US lawmakers would soon agree to a long-await