EURUSD Forecast November 12, 2015, Technical Analysis
The EURUSD pair fell slightly during the course of the session on Wednesday, but remains within the hammer that had formed on Tuesday.
ETF
AUDUSD Forecast November 12, 2015, Technical Analysis
The AUDUSD pair fell slightly during the course of the session on Wednesday, as we continue to consolidate just above the 0.70 level.
EURUSD Forecast November 11, 2015, Technical Analysis
The EURUSD pair fell during the course of the session on Tuesday, as we continue to grind our way down in this market. In fact, we got below the 1.07 handle, and as a result we are clear to go down to the 1.06 handle.
AUDUSD Forecast November 11, 2015, Technical Analysis
The AUDUSD pair initially tried to rally during the day on Tuesday, but then turned back around to fall towards the 0.70 handle.
China – Cooling Inflation Prompts Calls For Easing Policies
China’s consumer inflation came in weaker than expected in October while prices at factory gates fell for a 44th straight month, fuelling calls for more monetary easing and fiscal stimulus to combat deflationary pressures.
GBPAUD Uptrend Channel Nov 10, 2015
GBPAUD has been trending higher on its 4-hour chart, moving inside a rising channel visible on that time frame. Price just bounced off the channel support at 2.1150 and may be aiming for the top at 2.1800-2.1900.
Is It Time To Look Into Emerging Markets?
Many of the world’s greatest investors have been willing to buy at a time when the majority of the market was turning away from a particular sector.
EURUSD Forecast November 4, 2015, Technical Analysis
The EURUSD pair fell significantly during the course of the session on Tuesday, but there is an uptrend line just below that should continue to keep this market somewhat supported.
AUDUSD Forecast November 4, 2015, Technical Analysis
The AUDUSD pair initially fell during the day on Tuesday, testing the 0.7150 level. The market found enough buyers there to turn things back around and form a bit of a hammer though, so it looks as if the market should continue to go higher at this point in time.
No Monday Morning Blues For The Indices
With the Nikkei having fallen over 2% at the start of a new trading week and month, European and London traders could be forgiven for thinking their respective markets and Globex would simply follow suit.