AUDUSD Forecast September 17, 2015, Technical Analysis
The AUDUSD pair broke higher during the course of the day on Wednesday, clearing the top of the hammer that had formed on Tuesday.
ETF
Wilbur Ross: In next 5 years France could be the big sick man in Europe
Published on Sep 16, 2015 WL Ross & Co. Chairman Wilbur Ross and Merrill Lynch Portfolio Solutions CIO Mary Ann Bartels on the U.S. ban on oil exports, Europe and Greece.
China Stocks End Two-Day Slide To Stage Major Recovery
Stocks surged on Wednesday, with the benchmark Shanghai index jumping 4.9 percent after sliding below the 3,000 level.
Spot the insider selling in Cable – answers on a postcard!
Cable’s (FXB, quote) recent revival which was signalled with a two bar reversal off the strong support platform at 1.5163 came to a juddering halt today on the release of the CPI data. Until this release cable had been testing the 1.5474 area as well as the 100 ma which capped the recent rally.
Traders Shy Away From Metals In Commodities Slump
With China facing an economic slowdown and many questioning whether or not the nation’s government data presents a reliable picture of just how bad the situation is, metal prices have fallen to multi-year lows.
Revamp Plan Halts Trading In China Railway Shares
Trading in China Railway Group Ltd shares was suspended on Monday, as the company revealed it plans to integrate its assets with those of main subsidiary, China Railway Erju Co Ltd.
GBPUSD Forecast September 15, 2015, Technical Analysis
The GBPUSD pair fell significantly during the session on Monday, but turned back around to form a large hammer. With this, it looks like we are trying to break out to the upside but there is a significant amount of resistance at the 1.55 handle.
AUDUSD Trend Retracement Sept 15, 2015
AUDUSD has been moving higher in the past few days but it could be a large correction from the longer-term downtrend.
EURGBP Rectangle Pattern Sept 14, 2015
EURGBP is still moving sideways on its 1-hour forex chart, bouncing off support at the .7260 area and finding resistance at .7360. Price is on its way up to test the top of the range once more while stochastic is moving down from the overbought zone, suggesting that the resistance might hold.
AUDUSD Weekly Analysis – September 13, 2015
AUDUSD stays below the downward trend line on daily chart, and remains in downtrend from 0.8162.