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Despite stepping back from 0.6975, the monthly support line keeps the AUDUSD buyers hopeful. As a result, the optimists can expect a bounce to 0.6900 ahead of witnessing an obstacle during the further

GBPUSD extends its pullback from Tuesday while declining to 1.2545 ahead of the bank of England's (BOE) monetary policy meeting on Thursday. Although the BOE is widely anticipated to add to its bond p

Considering the Brent oil's U-turn from $41.17 the previous day, the energy benchmark seems to undertake the efforts to print Head-and-Shoulders bearish formation on the four-hour chart. However, the

EURUSD benefits from the market's latest optimism backed by the Federal Reserve's readiness to buy more corporate bonds and offer lending support to the non-profit organizations. However, the pair mov

Global markets turn risk-off at the week's start as fears of the coronavirus (COVID-19) resurgence gained momentum. As a result, the USDJPY pair extends pullback from a confluence of 200-bar SMA and 6