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The latest adjustments to forecasts for the Bank of England's decision on Thursday suggest that the rate will remain unchanged at 4.75%. As no updated GDP and inflation forecasts will...

Today, the USD/JPY pair is retreating from its five-month high. Investors appear to be disregarding the monetary policy update from the Bank of Japan (BoJ) released yesterday, Thursday...

Early in the American session, gold is trading around 2,613 within the downtrend channel forming since December 9th after having reached a high at 2,724. Yesterday during the Asian session...

In case the euro consolidates below 1.0496, the outlook could be negative and we expect EUR/USD to reach the 1/8 Murray located at 1.0376. This could be a key point...

The test of the 156.83 level occurred when the MACD indicator had moved significantly below the zero line, limiting the pair's downward potential. For this reason, I sold the dollar...

In the first three days of last week, gold prices surged by $85 following news that the People's Bank of China added the precious metal to its reserves...

Early in the American session, gold is trading around 2,641 within an uptrend channel forming since November 20, below 4/8 Murray, and below the 21 SMA. Gold is under bearish...

No tests of the specified levels occurred during the first half of the day due to significantly reduced volatility in the pound following yesterday's sell-off. The release of data...

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A fair number of macroeconomic events are scheduled for Friday, but none are significant. A retail sales report in the UK will be released, which is not particularly critical, especially...