USDJPY Forecast November 23, 2015, Technical Analysis
The USDJPY pair went back and forth during the day on Friday essentially settling nothing.
ETF
AUDUSD Weekly Analysis – November 22, 2015
AUDUSD stays in the trading range between 0.6907 and 0.7439. Resistance is at 0.7439,
EURUSD Weekly Analysis – November 22, 2015
EURUSD is facing 1.0462 (Mar 13 low) support, a breakdown below this level will indicate that the long term downtrend
Universal theme park to open in China by 2020
Universal Parks & Resorts, a division of NBC Universal which owns Universal Studios Hollywood, expects to open North China’s first international theme park in Beijing by 2020.
EURUSD Forecast November 20, 2015, Technical Analysis
The EUR/USD pair went back and forth during the course of the day on Thursday, forming a fairly neutral candle.
AUDUSD Forecast November 20, 2015, Technical Analysis
The AUDUSD pair rose slightly during the course of the day on Thursday, as we continue to see buying pressure underneath.
Oil Taking Centre Stage On FED Decision
One of the many factors used to decide whether a central bank should or should not raise interest rates is inflation, of which energy is a main contributor, and given the extended bearish trend for oil prices at present this aspect of the decision making process is likely to remain sharply in focus.
AUDUSD Descending Channel Nov 18, 2015
AUDUSD has been trending lower on its 1-hour forex chart, moving inside a descending channel connecting the highs and lows of price action since last month. Price is currently testing the resistance at the .7100 major psychological level and might be due for a move back to the bottom.
EURUSD Forecast November 17, 2015, Technical Analysis
The EURUSD pair initially gapped lower at the open on Monday, mainly as a knee-jerk reaction to the Parisian terror attacks in our opinion.
AUDUSD Forecast November 17, 2015, Technical Analysis
The AUDUSD pair fell a bit during the course of the session on Monday, as we continue to see weakness in the Australian dollar overall.