AUDUSD Daily Analysis – April 24, 2014
AUDUSD stays in a downward price channel on 4-hour chart, and remains in downtrend from 0.9461.
Curve Ahead Market Strategies
China’s manufacturing still weakening
China’s (FXI, quote) manufacturing activity continued to contract in April, but at a slower pace, according to HSBC’s preliminary purchasing managers’ index (PMI) released on Wednesday.
Trade Alert – New Position – AMZN
Option Alert Service Signal New Trade Suggestion
Brent Steady As Investors See A Silver Lining In Lackluster Chinese Data
Brent crude oil (BNO, quote) was steady above $109 as investors kept a close eye on the developing situation in Ukraine and breathed a sigh of relief following in-line Chinese data.
U.S. Dollar Under Pressure againts the Yen and Euro
This week market participants are getting a flurry of global economic data that has been and continues to have the potential to move the currency markets.
AUDUSD Daily Analysis – April 23, 2014
AUDUSD continued its downward movement from 0.9461, and the fall extended to as low as 0.9295.
Are Modular Smartphones the Next Big Thing?
Google’s Project Ara wants to take the smartphone back to basics—literally. With Project Ara, the smartphone is modular: The owner can swap out everything from the battery and screen to the speakers and cameras. The device’s endoskeleton holds…
Turkey’s Prime Minister Sues His Own Country Over Twitter
As we’ve been reporting for nearly a year now, the Turkish prime minister, Recep Tayyip ErdoÃÂan, really hates Twitter. Indeed, it is arguably becoming something of an obsession for him, to the point where he has now taken the unprecedented step of…
Tesla To Power Up Across China, Says Musk
Tesla Motors Inc hopes to launch a nationwide charging and service network for its electric vehicles by as early as 2015, CEO Elon Musk said in Beijing on Monday.
AUDUSD Forecast April 22, 2014, Technical Analysis
The AUDUSD pair went back and forth during the session on Monday, essentially settling nothing.