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.
The EURUSD pair fell slightly during the course of the day on Monday, as we continue to see quite a bit of volatility.
The AUDUSD pair had a fairly volatile session on Monday, but ultimately settled on a relatively negative candle.
The USDCAD pair fell initially during the day on Friday, but it now appears that the uptrend line may catch this market and turning back around.
EURUSD is facing 1.1376 resistance, a break of this level will confirm that the uptrend
AUDUSD’s upward movement from 0.6826 extended to as high as 0.7680.
A Boeing 737-800 passenger plane en route from Dubai, United Arab Emirates, to Rostov-on-Don in Russia’s southwestern Rostov region, crashed on Saturday at the city airport, killing all 62 people onboard, said the Investigative Committee of Russia.
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.
China is set to achieve its annual economic growth target while pushing forward supply-side reform, Premier Li Keqiang said on Wednesday.
The EURUSD pair fell during the course of the session on Wednesday, testing the 1.1050 level.
