Bears have been on screen for the past two days after NZDCHF hits the 1st week February high at 0.68900 forming a double top formation last day. Currently lagging in the main support at 0.68500, bears are expected for further downside movement after it breaks through the support downside reaching…

Cryptocurrency prices hiked today, with Bitcoin rising nearly 7.03% making new high for the month.Trading volumes is seen low, since U.S. financial markets were closed due to the observation of President's Day.But, Bitcoin jumped 7.03 % to $3,898.60. Etherum rose 12% to $144.37 amid support for a hard fork expected…

The pair extended last week’s rejection slide from the 1.0100 handle and dropped to fresh one-week lows in the last hour amid a follow-through USD retracement.Technical indicators on hourly charts have been gaining negative momentum and suggest a further decline to over one-month-old ascending trend-channel support. Currently, USDCHF breaking the…

Tuesday, February 19 00:30 (GMT) AUD Minutes from the last meeting of the RB of Australia This document is published two weeks after the meeting and the decision on the interest rate. If the RBA assesses the state of the labor market in the country and GDP growth rates positively,…

Treasury Secretary Steven Mnuchin sounded a positive note on Friday as U.S.-China trade talks drew to a close in Beijing, as both sides tried to reach a deal that would avert a tariff increase on Chinese goods by March 1. “Productive meetings with China’s Vice Premier Liu He and @USTradeRep…

Experiencing a long bearish movement after the UK PM Theresa May’s government suffered yet another blow when the British Parliament rejected the revised Brexit deal on Thursday, Pound bounces back forming a new low near 141.00 region as a result of positive UK monthly retail sales growth which is estimated…

WTI/USD supports the expected bullish wave, noting that breaking 54.50 followed by 53.70 levels will put the price under negative pressure to test 51.46 areas before any new positive attempt. The expected trading range for today is between 54.00 support and 57.46 resistance. Long position above 54.20 with targets at…

US Initial Weekly Jobless Claims is increased 4000 today from Last Week 239000. The number of individuals who are unemployed and are currently receiving unemployment benefits for the month of February is released as 1.773M from 1.736M .The Producer Price Index released by U.S Bureau of Labor Statistics for final…

U.S. futures rose on Thursday, as investor sentiment improved on news that U.S. President Donald Trump is considering extending a deadline for fresh tariffs on Chinese imports.Trump could extend the March 1 deadline, when U.S. tariffs on $200 billion worth of Chinese imports are scheduled to increase to 25% from…

The Gross Domestic Product released by the Statistical Office of the Slovak Republic is a measure of the total value of all goods and services produced by the Slovak Republic. The GDP is considered as a broad measure of Slovakian economic activity and health.The GDP of Slovakia is released as…