AUDUSD Forecast April 15, 2016, Technical Analysis
The AUDUSD pair rose during the course of the day on Thursday, as we continue to try to grind higher.
EURUSD Forecast April 14, 2016, Technical Analysis
The EURUSD pair fell rather hard during the course of the day on Wednesday, breaking below the 1.13 level.
AUDUSD Forecast April 14, 2016, Technical Analysis
The AUDUSD pair fell slightly during the course of the day on Wednesday, but at this point in time it looks like we continue to grind higher over the longer term.
GAO Report – Big Banks Fail Living Will Test
As many as half of the large banks including J.P. Morgan Chase Bank (JPM, quote), that just reported a earnings beat, failed the Government Accountability Office’s or GAO’s Living Will Test. That 4 out of the 8 largest banks here in the U.S.
China’s Exports Surge, Imports Dip
China’s exports in yuan-denominated terms surged 18.7 percent year on year in March, while imports dipped 1.7 percent, customs data showed on Wednesday.
USDCAD Countertrend Setup Apr 13, 2016
USDCAD has been trending lower, moving inside a descending channel pattern on its 4-hour time frame. Price is now making its way close to the channel support near the 1.2700-1.2750 and might be due for a bounce.
EURUSD Forecast April 12, 2016, Technical Analysis
The EURUSD pair went back and forth during the course of the day on Monday, showing quite a bit of confusion at the 1.14 handle which of course is the beginning of massive resistance.
AUDUSD Forecast April 12, 2016, Technical Analysis
The AUDUSD pair initially tried to pull back during the course of the session on Monday but then ended up rallying.
Alibaba Signs Deal To Develop Rugby In China
E-commerce giant Alibaba Group Holding Ltd is planning to develop rugby on the Chinese mainland and exclusively broadcast rugby content through the online platform of its new sport division－Alisports.
EURUSD Forecast April 12, 2016, Technical Analysis
The EURUSD pair went back and forth during the course of the day on Monday, showing quite a bit of confusion at the 1.14 handle which of course is the beginning of massive resistance.