China Manufacturing Activity Contracts In August
China’s factory activity continued to lose steam in August, suggesting the world’s second largest economy faces prolonged downward pressure, official data showed Tuesday.
AUDUSD Weekly Analysis – August 30, 2015
AUDUSD’s downward movement from 0.8162 extended to as low as 0.7037.
EURUSD Weekly Analysis – August 30, 2015
EURUSD broke above 1.1467 resistance, and reached as high as 1.1713.
GBPUSD Retracement Setup Aug 26, 2015
GBPUSD recently broke past the resistance at the 1.5650-.1.5700 psychological levels and is showing signs of a pullback from the rally.
Volatility & The Euro
So far in this morning’s forex trading session it’s been a case of selling the euro and buying the commodity dollars, with a strong move lower also in the EUR/JPY, although this bearish sentiment towards the euro has not been as strong in eurodollar.
AUDUSD Forecast August 26, 2015, Technical Analysis
The AUDUSD pair initially tried to rally during the course of the day on Tuesday, but found itself struggling yet again.
Where Next For Gold …..And Silver?
Whenever I put the proverbial pen to paper and start to write about gold, I can already hear the chorus of dissenting voices from those traders and investors who only view their beloved metal as bullish, and can never accept the reality of what is actually happening on the chart.
EURUSD Forecast August 26, 2015, Technical Analysis
The EURUSD pair fell during the day on Tuesday, slamming into the 1.14 handle.
AUDUSD Forecast August 26, 2015, Technical Analysis
The AUDUSD pair initially tried to rally during the course of the day on Tuesday, but found itself struggling yet again.
The Good News Just Keeps Rolling In For Oil Traders
For oil traders and speculators the summer months continue to deliver stellar trading opportunities, and whilst equity investors are wringing their hands, the WTI contract shows no signs of wanting to reverse just yet.