AUD/USD Forecast March 26, 2014, Technical Analysis
The AUD/USD pair rose during the session on Tuesday, breaking above the 0.9150 handle.
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EUR/USD Forecast March 26, 2014, Technical Analysis
The EUR/USD pair tried to fall apart during the session on Tuesday, but as you can see the 1.3750 level offered enough support to push the market higher, and move it back enough to form a hammer.
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AUD/USD Forecast March 25, 2014, Technical Analysis
The AUD/USD pair initially fell during the session on Monday, but found enough support at the 0.9050 level to turn things back around and send the market higher.
EUR/USD Forecast March 25, 2014, Technical Analysis
The EUR/USD pair bounce during the session on Monday, breaking above the 1.38 level by the end of the day, but giving back quite a bit of the gains nonetheless.
Geopolitical Tension Keeps Brent Above $106
Brent crude oil (BNO, quote) slid lower on Tuesday after PMI data added to worries about a waning global demand outlook. The commodity traded at 106.63 at 5:20 GMT as the confrontation between the West and Russia helped keep a floor under prices.
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HSBC China’s preliminary manufacturing PMI sinks
China’s manufacturing activity contracted for the third month in a row in March, hitting an eight-month low, according to HSBC’s preliminary purchasing managers’ index (PMI) released on Monday.
USD/JPY Forecast March 24, 2014, Technical Analysis
The USD/JPY pair fell during the session on Friday, but stays above the 102 level to show signs of support.