AUD/USD Forecast March 29, 2016, Technical Analysis
The AUDUSD pair broke higher during the course of the session on Monday, but pullback a little bit.
Commodities
Oil Prices Continue Their Stately Progress Higher
The word that comes to mind to describe the price action on the daily WTI oil chart is ‘stately’ with crude oil continuing to move higher in a series of small rallies then punctuated with a pause point and further consolidation.
AUD/USD Forecast March 18, 2016, Technical Analysis
The AUDUSD pair initially fell during the course of the session on Thursday, and then turn right back around to continue going higher. We had a very strong positive candle form during the course of the day on Wednesday, as the Federal Reserve has stepped away from interest-rate hikes, at least as far as the number of them in the year 2016 is concerned.
Bullish Copper Takes Out Key Level
After the malaise of the last few months, copper finally nailed a key technical level firmly into place on Friday as the red metal surged higher, closing the session with a wide spread up candle supported with excellent volume, thereby confirming the validity of the move higher.
Gold Finally Breaks Away From Volatility Candle
Gold prices finished last week in bullish mood once again following the extended period of price congestion which has seen the precious metal trade within the range of the wide spread volatility up candle of the 11th February.
AUDUSD Forecast March 3, 2016, Technical Analysis
The AUDUSD pair broke out during the day on Wednesday as we cleared the uptrend line that had previously been so resistive.
Plenty Of Smoke But No Roast!
As a trader and investor, I always find volatile markets the most interesting and rewarding.
Tuesday’s Key Economic Data
Today’s Key Economic Data
Friday’s Key Economic Data
Today’s Key Economic Data
Thursday’s Key Economic Data
Today’s Key Economic Data