AUDUSD Long-Term Breakout July 17, 2017
AUDUSD had been trading inside an ascending triangle on its long-term time frame and has just broken past the resistance at the .7750 minor psychological mark.
Strategies
Gold Stuck Between A Rock And A Hard Place Ahead Of US CPI
Gold has been undermined by rising government bond yields owing to major central banks generally turning more hawkish while the still-buoyant equity markets means there has been reduced demand for the perceived safe haven asset.
GBPUSD Rebounds On Better Than Expected UK Wages And Jobs Data
Over the past week and a half, market participants have been forced to reduce their Bank of England rate hike expectations due to the recent soft patch in UK economic data.
EURUSD Forecast July 10, 2017, Technical Analysis
The EUR/USD pair went sideways initially on Friday, and then had a very volatile session as the jobs number in America came out much longer than anticipated.
AUDUSD Forecast July 10, 2017, Technical Analysis
The Australian dollar initially slid a bit at the open on Friday, but then bounced significantly towards the 0.76 handle.
EURUSD Forecast July 7, 2017, Technical Analysis
The EURUSD pair initially dropped a bit on Thursday, but then shot towards the 1.14 level above.
AUDUSD Forecast July 7, 2017, Technical Analysis
The Australian dollar went sideways and a very choppy session on Thursday, finding resistance just above the 0.76 handle.
DAX: Stocks Rebound After Big Sell-Off
After yesterday’s big sell-off, European equities have bounced back and US index futures point to a higher open on Wall Street.
GBPUSD Countertrend Play Jun 30, 2017
The ascending channel on Cable’s daily time frame is still intact and price is heading towards the resistance around 1.3400. A countertrend opportunity could arise if reversal candlesticks form around this area.
EURUSD Forecast June 29, 2017, Technical Analysis
The EURUSD pair initially tried to rally during the session on Wednesday, but then fell significantly towards the 1.13 level below.