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.
China’s March Consumer Prices Up 2.3%
China’s (FXI, quote) consumer prices grew 2.3 percent in March year on year, the same as in February, according to the data issued by the National Bureau of Statistics Monday.
Huawei Set To Take On Apple In Key Markets
Huawei Technologies Co Ltd is preparing to challenge Apple Inc in a premium-end smartphone market as the Chinese telecom equipment maker unveiled a new flagship handset in the United Kingdom and a top executive spoke of plans to enter the United States.
EURUSD Forecast April 7, 2016, Technical Analysis
The EURUSD pair initially fell during the day on Wednesday, but turn right back around to form a fairly bullish candle.
AUD/USD Forecast April 7, 2016, Technical Analysis
The AUDUSD pair initially fell on Wednesday but found enough support just above the 0.75 level again to bounce.
Alibaba Becomes The World’s Largest Retailer
Chinese e-commerce giant Alibaba Group Holding Ltd said on Wednesday that it has officially become the world’s largest retail platform, with its total trading volume online in the fiscal year ending in March 2016 surpassing Wal-Mart’s annual sales.
EURUSD Forecast April 6, 2016, Technical Analysis
The EURUSD pair initially fell during the course of the day on Tuesday, but turned right back around to form a bit of a hammer.
AUDUSD Forecast April 6, 2016, Technical Analysis
AUDUSD pair initially tried to rally during the day on Tuesday but turn right back around to fall into the 0.75 handle.
US Equity Bulls Now Approaching A Key Level
Bullish momentum for US equities remained firmly in the ascendency last week as bullish sentiment for the US dollar continues to weaken, and further extending the rally of the turbulent start to the year which saw major buying by the insiders as a result.
EURUSD Forecast April 5, 2016, Technical Analysis
The EURUSD pair initially fell during Monday, but found a bit of support below to bounce and form a hammer.