Brent Slides On Weak Chinese Exports
Brent crude oil lost its momentum on Tuesday morning after demand woes outweighed worries about the ongoing tension in Syria.
AUD/USD Forecast March 11, 2014, Technical Analysis
The AUD/USD pair fell during the session on Monday, but remains above the 0.90 handle.
EUR/USD Forecast March 11, 2014, Technical Analysis
The EUR/USD pair went back and forth during the session on Monday, as we continue to struggle with the downtrend line that forms the channel going lower from the start of the financial crisis.
Shanghai Index plunges on slowdown concerns
China’s benchmark Shanghai Composite Index plunged heavily on Monday after weak economic data triggered concerns over further economic growth slowdowns.
USD/JPY Forecast March 11, 2014, Technical Analysis
The USD/JPY pair initially fell during the first part of the Monday session, but as you can see spent the rest of the day bouncing in order to form a hammer.
Trade Alert – New Position
Option Alert Service Signal New Trade Suggestion
E-mini NQ pausing but bullish momentum remains
Whilst daily charts give us a framework for intraday trading, it is often the weekly chart which gives us a broader perspective, the zoomed out view, and this was certainly the case with oil which I looked at recently.
Bullish momentum for oil now coming to an end?
Last week was a volatile one for crude oil futures, with the April contract closing the week at $102.58 a barrel having touched $105 per barrel at the start of the week.
Trade Alert – New Position
Option Alert Service Single New Trade Suggestion
Brent Slides Towards $108 On Chinese Exports
Brent crude oil fell below $109 to start the week on poor data from China, but supply worries helped underpin prices.