Silver Looks To The USD For Help
Yesterday was, once again, another negative day for silver, which continued lower for a fourth consecutive session, opening gapped down from Friday’s close before ending at $19.00 per ounce.
EURUSD Forecast September 13, 2016, Technical Analysis
The EURUSD pair went back and forth during the day on Monday, as we continue to try to find our footing in this market.
AUDUSD Forecast September 13, 2016 Technical Analysis
The Australian dollar initially fell during the course of the session on Monday, testing the 0.75 level.
King Dollar Set For A Rebound?
The dollar staged a broad-based rally on Thursday to make back some of the losses it had suffered earlier in the week which had been on the back of a poor ISM services PMI reading and last week’s disappointing jobs report.
Nervous Anticipation For The US Indices
Nervous best describes US equity markets today, and with so many influences now coming to bear, and this nervous tension can only increase over the next few weeks.
EURUSD Forecast September 9, 2016, Technical Analysis
The EURUSD pair initially took off to the upside during the day on Thursday, but turned right back around below the 1.1350 level to form a shooting star.
AUDUSD Forecast September 9, 2016, Technical Analysis
The AUDUSD pair initially tried to rally during the course of the day on Thursday, but then turned right back around to form a nasty looking shooting star.
ECB Unchanged – Markets React Negatively
ECB’s inaction clearly disappointed a few people as European stock indices dropped when the policy statement was released.
GBPUSD Forecast September 8, 2016, Technical Analysis
The GBPUSD pair fell significantly during the course of the day on Wednesday, as we found quite a bit of resistance in the area of 1.34 above.
EURUSD Forecast September 8, 2016, Technical Analysis
The EURUSD pair initially tried to rally during the course of the session on Wednesday, but then turn right back around to form a shooting star.