AUDUSD Forecast May 3, 2016, Technical Analysis
The AUDUSD pair rose during the course of the session on Monday, as we continue to find buyers every time this market pulls down.
China Top Coal Producer Reports Less Profits in Q1
China Shenhua Energy Company Limited, the nation’s top coal producer, has said its net profits plummeted 28.3 percent year on year to 4.74 billion yuan (734 million U.S. dollars) in the first quarter of 2016.
EURUSD Forecast May 2, 2016, Technical Analysis
The EURUSD pair broke higher during the course of the session on Friday, as it looks like we are getting ready to break towards the 1.15 handle.
AUDUSD Weekly Analysis – May 1, 2016
AUDUSD broke below the support of the upward price channel on daily chart.
EURUSD Weekly Analysis – May 1, 2016
EURUSD remains in uptrend from 1.0517.
Oil Prices Continue To Tip Toe Higher
For longer term traders and investors in oil, as we come to the end of another month with the latest weekly oil inventories now posted, it is once again the weekly and monthly charts that provide insight and context for the future trends.
Curiouser And Curiouser As The Three Sisters Disconnect
As we move to the end of another trading month a feature now building in US equity markets is the apparent disconnect between the three principal indices, and in particular the divergence between the NQ, which appears to be moving South, and the others which are moving North.
GBPUSD Forecast April 28, 2016, Technical Analysis
The GBPUSD pair initially rose during the course of the session on Wednesday, but turned right back around to form a bit of an exhaustive candle.
AUDUSD Forecast April 28, 2016, Technical Analysis
The AUDUSD pair fell during the course of the session on Wednesday, breaking below the 0.76 level at one point.
EURUSD Forecast April 28, 2016, Technical Analysis
The EURUSD pair had a slightly positive session during the day on Wednesday, pre-FOMC Statement.