Fear that Britain could vote to leave the European Union is hurting the pound. And the pain may just be beginning. A referendum on membership of the EU could be held as early as June, and investors are becoming increasingly concerned about a British exit -- or 'Brexit...

If there is any sign that the Australia economy is in a weird place, it is the reaction to Wednesday’s inflation numbers. The annual inflation rate of 1.7% is well below the Reserve Bank’s target rate of 2% to 3...

Gold prices gained interests as a result of the possibility of buying a new delay the Fed to raise rates of economic uncertainty and spread on a large scale. It prompted profit taking and short covering sites operations since then gold to relegation from the top to the bottom, who is 1128...

Support & Resistance Last updated: Jan 27, 2:18 pm +03:00 S - Strong | M - Moderate...

Fed’s mixed signals The recovery in risk assets was rather snuffled out after last night’s FOMC meeting which was dovish, but a little less dovish than many had previously hoped for...

28 January 2016, Time of Writing: 09:00 am Trader Daily Market Update Major Calendar News Time (GMT) Name Country Vol. Prev. Cons. Sentiment 08:00 Spanish Unemployment Rate EUR Med. 21.2% 21.1% Positive 09:30 Preliminary GDP q/q GBP High 0.4% 0...

Pivot Points - Hourly Last Updated: Jan 27, 10:00 am +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.08385 1.08477 1.08512 1.08569 1.08604 1.08661 1.08753 USD/JPY 117.941 118.148 118.247 118.355 118.454 118.562 118.769 GBP/USD 1.43111 1.43266 1.43347 1.43421 1.43502 1.43576 1.43731 USD/CHF 1.0149 1...

Pivot Points _ Daily Last Updated: Jan 27, 9:00 am +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.07412 1.07969 1.0832 1.08526 1.08877 1.09083 1.0964 USD/JPY 116.284 117.25 117.821 118.216 118.787 119.182 120.148 GBP/USD 1.39077 1.41017 1.42254 1.42957 1.44194 1.44897 1.46837 USD/CHF 0.99968 1...

Pivot Points - Hourly Last Updated: Jan 27, 9:00 am +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.08387 1.08487 1.08538 1.08587 1.08638 1.08687 1.08787 USD/JPY 117.781 118.032 118.17 118.283 118.421 118.534 118.785 GBP/USD 1.4327 1.43358 1.43397 1.43446 1.43485 1.43534 1.43622 USD/CHF 1.01481 1...

Support & Resistance Last updated: Jan 26, 2:05 am +03:00 S S - Strong |...

Pivot Points - Hourly Last Updated: Jan 26, 2:00 pm +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.07965 1.08136 1.08198 1.08307 1.08369 1.08478 1.08649 USD/JPY 117.841 118.078 118.225 118.315 118.462 118.552 118.789 GBP/USD 1.41368 1.41674 1.41829 1.4198 1.42135 1.42286 1.42592 USD/CHF 1.0124 1...

Gold prices rise for the second consecutive time this week, supported by the decline in global stock indices, where the Chinese could SHANGHAI COMPOSITE index to decline by -6.42% during the Asian session to hit since the beginning of the year to date losses amounted to -23.04...

Here we go again The market’s ability to reverse any risk appetite at the moment indicates that we are not at the bottom yet of the current downward spiral. Chinese indices are 6% lower overnight, Japanese over 2% in the red and oil is back below 30 bucks a barrel...

Pivot Points - Daily Last Updated: Jan 26, 1:00 pm +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.06805 1.07545 1.08013 1.08285 1.08753 1.09025 1.09765 USD/JPY 117.059 117.743 118.009 118.427 118.693 119.111 119.795 GBP/USD 1.40871 1.41732 1.42101 1.42593 1.42962 1.43454 1.44315 USD/CHF 1.00525 1...

Pivot Points _ Hourly Last Updated: Jan 26, 1:00 pm +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.08009 1.08209 1.08287 1.08409 1.08487 1.08609 1.08809 USD/JPY 117.722 117.937 118.079 118.152 118.294 118.367 118.582 GBP/USD 1.41304 1.4167 1.41885 1.42036 1.42251 1.42402 1.42768 USD/CHF 1.01003 1...

Last week finished with a turnaround in sentiment, with risk appetite being boosted by a rally in oil. WTI has lifted over $5 from lows which has helped commodity currencies rally; USDCAD is down 580 pips from the pre-BOC highs...

Pivot Points _ Daily Last Updated: Jan 23, 1:00 am +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.06433 1.07308 1.0761 1.08183 1.08485 1.09058 1.09933 USD/JPY 115.7 117.039 117.886 118.378 119.225 119.717 121.056 GBP/USD 1.39595 1.41175 1.41895 1.42755 1.43475 1.44335 1.45915 USD/CHF 0.99258 1...

Pivot Points - Weekly Last Updated: Jan 23, 1:00 am +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.05384 1.0718 1.08119 1.08976 1.09915 1.10772 1.12568 USD/JPY 113.527 115.399 116.171 117.271 118.043 119.143 121.015 GBP/USD 1.3663 1.40157 1.41335 1.43684 1.44862 1.47211 1.50738 USD/CHF 0.95431 0...

For the past few years, the conversation that the world's rich and powerful have been having about China at the World Economic Forum in Davos, Switzerland, has sounded like this: BULLS: China is going to be a world power, surpassing the US, and one with the power to cleanly vault over the challen...

ince the stock market began falling at the beginning of this year, there seems to have been a palpable change in the stories we have been hearing. Suddenly there is more willingness to entertain the possibility of a major stock market correction, or of an economic recession...