EURUSD Weekly Analysis – September 13, 2015
EURUSD remains in downtrend from 1.1713, the bounce from 1.1087 is likely correction of the downtrend.
ETF
China’s Government Debt Risks Controllable: Premier
Premier Li Keqiang said on Wednesday that China’s government debt risks are “controllable,” as he met with business leaders ahead of the Annual Meeting of the New Champions, also known as the Summer Davos forum.
AUDUSD Forecast September 10, 2015, Technical Analysis
The AUDUSD pair fell during the course of the day on Wednesday, as the area above the 0.70 level continues offer resistance.
USDCAD Descending Triangle Sept 10, 2015
USDCAD has been moving sideways for quite some time, but the pair seems to have formed lower highs on the 1-hour time frame.
EURUSD Forecast September 9, 2015, Technical Analysis
The EURUSD pair initially fell during the day on Tuesday, but found support yet again as the market looks like it is trying to find enough support to turn things back around.
AUDUSD Forecast September 9, 2015, Technical Analysis
The AUDUSD pair broke higher during the course of the day on Tuesday, clearing the 0.70 level at one point.
50 Brokerages Inject US$16b To Support Shaky Market
Fifty Chinese brokerages have vowed to pledge a total of 100 billion yuan ($15.7 billion) to back up stock purchases, as regulators move to further prop up the shaking market, reported Securities Times.
AUD/USD Forecast September 3, 2015, Technical Analysis
The AUDUSD pair fell during the course of the session on Wednesday, testing the 0.70 level for support.
China Manufacturing Activity Contracts In August
China’s factory activity continued to lose steam in August, suggesting the world’s second largest economy faces prolonged downward pressure, official data showed Tuesday.
AUDUSD Weekly Analysis – August 30, 2015
AUDUSD’s downward movement from 0.8162 extended to as low as 0.7037.