AUDUSD Forecast February 11, 2015, Technical Analysis
The AUD/USD pair fell during the course of the session on Tuesday, as we continue to meander around the 0.7750 handle.
The AUD/USD pair fell during the course of the session on Tuesday, as we continue to meander around the 0.7750 handle.
China and Asia are expected to lead the growth of exchange-traded fund markets in the next five years as the ETF markets continue to open amid an improving regulatory environment, a report said yesterday.
GBPUSD broke above 1.5268 resistance, indicating that the downtrend from 1.5785 (Dec 16, 2014 high) had completed at 1.4950 already.
The EUR/USD pair initially tried to fall during the course of the day on Monday, but found enough support at the 1.13 level to bounce and form a little bit of a hammer.
The AUDUSD pair gapped lower at the open on Monday, but then turned back around to rally and form a bit of a shooting star as some of the gains were given back.
Regular readers of my market analysis will know that I have been bearish on gold for some time, and despite the recent bullish trend which has seen gold move from the lows of $1170 per ounce to the high of late January at $1310 per ounce, have remained so.
The USDJPY pair took off during the session on Friday as the nonfarm payroll number came out much better than anticipated.
The GBPUSD pair fell during the course of the day on Friday, testing the 1.52 handle.
The EURUSD pair fell during the course of the session on Friday, as the nonfarm payroll numbers came out much stronger than anticipated.
The AUDUSD pair tried to break out to the upside on Friday, but then turned back around at roughly 0.79 to form a bit of a shooting star.