AUDUSD Forecast July, 25, 2016, Technical Analysis
The AUDUSD pair fell during the course of the day on Friday, as we continue to see this market soften.
Gold
Gold Canaries Waiting to Sing
Last week’s bearish engulfing candle for gold on the weekly chart appears to have had some follow through at the start of the new trading week, as the precious metal fell victim to a renewal of risk appetite as most global equity markets made fresh monthly highs, and the S&P and DOW soaring into new high ground.
AUD/USD Forecast July 11, 2016, Technical Analysis
The AUDUSD pair initially fell during the course of the day but then broke out to the upside as the 0.75 level gateway.
AUDUSD Forecast June 23, 2016, Technical Analysis
The AUDUSD pair rose during the course of the session on Wednesday, breaking out to a fresh, new high.
Gold Struggling To Break Away Once Again
As we prepare for a volatile week, with every catastrophic world event being laid at the door of the UK and Brexit, it’s time to consider gold which is likely to see some volatile price action this week.
Headlines On The Radar
Today’s headlines that have caught the attention of our traders this morning as they prepare for the upcoming market session.
First Look
Final Trades from last night’s Fast Money on CNBC.
AUSUSD Forecast June 2, 2016, Technical Analysis
The AUDUSD pair initially went much higher during the course of the day on Wednesday, reaching all the way to the 0.73 handle.
AUDUSD Forecast May 26, 2016, Technical Analysis
The Australian dollar initially tried to rally during the day on Wednesday, but turned around back around to form a bit of a shooting star.
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.