Is Dr copper still the bellwether of global economies?
In considering the daily chart for copper, there are several questions that instantly come to mind.
AUD/USD Forecast March 13, 2014, Technical Analysis
The AUD/USD pair fell initially during the session on Wednesday, but found enough support near the 0.8950 level to turn things back around and form a hammer.
Bullish tone continues for gold on breakout
Of all the markets and instruments that I comment on and write about, none attracts more strongly differing opinions than gold.
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China’s Weak Data Outweighs Concern Over Ukraine, Brent Slides
Brent crude oil (BNO, quote) traded at $108.29 at 5:45 GMT on Wednesday morning as worries about slipping global demand outweighed concern about the situation in Ukraine.
AUD/USD Forecast March 12, 2014, Technical Analysis
The AUD/USD pair initially try to rally during the session on Tuesday, but as you can see found enough resistance to push the market back down.
EUR/USD Forecast March 12, 2014, Technical Analysis
The EUR USD pair pullback during the session on Tuesday, but found enough support below in order to bounce and army hammer.
USD/JPY Resistance Turned Support March 12, 2014
USD/JPY might be in for a quick pullback to an area of interest before resuming its rally.
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