China Manufacturing Activity Contracts Hits 3-Year Low
China’s manufacturing activity contracted for the sixth straight month in January, signalling persistent weakness, official data showed on Monday.
GBPUSD Trend Line Pullback Feb 01, 2016
GBPUSD recently made a strong downside break from the short-term rising trend line support visible on its 1-hour time frame.
Plenty Of Smoke But No Roast!
As a trader and investor, I always find volatile markets the most interesting and rewarding.
AUDUSD Forecast January 29, 2016, Technical Analysis
The AUDUSD pair broke higher during the course of the session on Thursday, testing the 61.8% Fibonacci retracement level.
Zoomlion Offers US$3.2b For US Heavy Machinery Maker
China’s Zoomlion Heavy Industry Science & Technology Co confirmed on Wednesday an unsolicited takeover bid for Terex Corp, the US crane and construction machinery maker.
AUDUSD Forecast January 28, 2016, Technical Analysis
The AUDUSD pair rose during the day on Wednesday, breaking above the recent highs that we’ve seen hold as resistance.
AUDUSD Retracement Levels Jan 25, 2016
AUDUSD recently broke below a rising trend line support visible on the 4-hour time frame, indicating that a downtrend is starting. Price found support at the .6825 area and is showing signs of a correction.
EURUSD Forecast January 21, 2016, Technical Analysis
The EURUSD pair initially fell during the course of the day on Wednesday, but found enough buying pressure underneath to turn things back around and form a bit of a hammer.
AUDUSD Forecast January 21, 2016, Technical Analysis
The AUDUSD pair fell during the day on Wednesday, but bounced off of the lows again, and therefore ended up forming a hammer.
EURUSD Forecast January 19, 2015, Technical Analysis
The EURUSD pair initially fell during the day on Monday, but turned back around to form a bit of a hammer.