Market News

The recovery in the oil market appears to have found a pocket of resistance, potentially stifling an impressive 4-day recovery. Technical levels to watch...

The US dollar weakened after US CPI showed yet another gradual decline in inflationary pressures....

A break of multi-month support has seen EUR/GBP hit levels last seen in mid-December as the British Pound continues to nudge higher. Next up, the latest BoE monetary policy decision....

USD/JPY is approaching the apex of the developing ascending triangle pattern. Could upcoming US CPI provide a breakout for the weakening Japanese yen?...

The data from the latest CoT report highlights the dominance of the bullish euro stance, however, recent resistance has proven tough to crack as a pullback sets in...

Cable holds onto gains as US CPI and BoE approaches but bulls appear exhausted as RSI rests in overbought territory. Deeper retracement incoming?...

The US Dollar eased again on Wednesday with US CPI front and centre for markets trying to interpret where the Fed is headed with rates. Will a surprise CPI see the DXY index make a break?...

Crude oil prices are on a 4-day winning streak, up about 8%. Ahead of the US inflation report, retail traders are turning increasingly bearish, is that a bullish sign?...

AUD/USD has lacked directional conviction in recent months, with the pair trapped in a lateral channel moving back and forth between technical support and resistance levels....

The DAX has attempted a retest of the yearly high but fading momentum suggests an external catalyst will be needed to propel the index higher...