AUDUSD Forecast April 10, 2017, Technical Analysis
The Australian dollar fell hard during the session on Friday, crashing into the 0.75 handle.
Strategies
AUDUSD Daily Analysis – April 5, 2017
AUDUSD broke below 0.7587 support, indicating that the downtrend from 0.7749 has resumed.
Game Plan For The Week Of April 3
We take look at Royal Caribbean (RCL) and S&P 500 ETF (SPY).
China’s Current Account Surplus Nears US$200B In 2016
China’s current account surplus stood at 196.4 billion U.S. dollars last year, the country’s foreign exchange regulator said Thursday.
EURUSD Long-Term Channel Mar 31, 2017
EURUSD has been selling off recently but it could be approaching a turning point as it nears the bottom of the longer-term ascending channel visible on the 4-hour time frame.
EURUSD Daily Analysis – March 28, 2017
EURUSD’s upward movement from 1.0494 extended to as high as 1.0905.
AUDUSD Daily Analysis – March 28, 2017
AUDUSD stays in the descending price channel on 4-hours chart and remains in downtrend from 0.7749.
Dollar Unlikely To Go Down Without A Fight
Financial markets opened in a bit of a panic mode overnight in the wake of Trump’s failure to repeal Obamacare. Stock index futures slumped while the dollar index fell to its lowest since mid-November as the yen and euro both gapped higher. The dollar’s losses steepened after the London open as the GBP/USD climbed to near 1.26 handle and EUR/USD neared 1.0900. European stock indices bounced off their lows slightly.
EURUSD Forecast March 27, 2017, Technical Analysis
The EURUSD pair initially fell during the day on Friday, but found enough support at the 1.0750 level to turn these around to form a hammer.
AUDUSD Daily Analysis – March 27, 2017
AUDUSD remains in downtrend from 0.7749.