EURUSD Weekly Analysis – May 1, 2016
EURUSD remains in uptrend from 1.0517.
ETF
Oil Prices Continue To Tip Toe Higher
For longer term traders and investors in oil, as we come to the end of another month with the latest weekly oil inventories now posted, it is once again the weekly and monthly charts that provide insight and context for the future trends.
Curiouser And Curiouser As The Three Sisters Disconnect
As we move to the end of another trading month a feature now building in US equity markets is the apparent disconnect between the three principal indices, and in particular the divergence between the NQ, which appears to be moving South, and the others which are moving North.
GBPUSD Forecast April 28, 2016, Technical Analysis
The GBPUSD pair initially rose during the course of the session on Wednesday, but turned right back around to form a bit of an exhaustive candle.
AUDUSD Forecast April 28, 2016, Technical Analysis
The AUDUSD pair fell during the course of the session on Wednesday, breaking below the 0.76 level at one point.
EURUSD Forecast April 28, 2016, Technical Analysis
The EURUSD pair had a slightly positive session during the day on Wednesday, pre-FOMC Statement.
EURUSD Forecast April 27, 2016, Technical Analysis
The EURUSD pair initially tried to rally during the day on Tuesday, but pullback in order to form a relatively benign candle.
AUDUSD Forecast April 27, 2016, Technical Analysis
The AUDUSD pair tried to rally during the day on Tuesday, but failed to hang onto about half of the gains.
USDCAD Forecast April 26, 2016, Technical Analysis
The USDCAD pair went back and forth during the course of the day on Monday, essentially forming a neutral candle.
GBPUSD Forecast April 26, 2016, Technical Analysis
The GBPUSD pair initially fell during the course of the session on Monday, but turned back around and reached above the 1.45 handle.