AUDUSD Forecast May 24, Technical Analysis
The AUDUSD pair went back and forth on Monday, as we continue to struggle with the 0.73 level.
Strategies
Foxconn To Build New Huawei Smartphone Factory
Foxconn Technology Group, the world’s largest computer manufacturer and supplier to Apple Inc., is reportedly building a new factory for Huawei Technologies in southwest China’s Guizhou Province (FXI, quote).
EURUSD Weekly Analysis – May 22, 2016
EURUSD’s fall from 1.1616 extended to as low as 1.1179. Deeper decline to test the support of the upward price channel on daily chart could be seen next week.
AUDUSD Weekly Analysis – May 22, 2016
AUDUSD continued its downward movement from 0.7834, and the fall extended to as low as 0.7175.
GBPUSD Weekly Analysis – May 22, 2016
GBPUSD remains in downtrend from 1.4769, the rise from 1.4332 could be treated as correction of the downtrend.
China Protests Over US Steel Duties
China registered its “strong dissatisfaction” with the United States on Wednesday for imposing import duties of 522 percent on Chinese cold-rolled flat steel.
EURUSD Forecast May 19, 2016, Technical Analysis
The EURUSD pair fell slightly during the course of the day on Wednesday, as we continue to see quite a bit of volatility in this choppy market.
AUDUSD Forecast May 19, 2016, Technical Analysis
The AUDUSD pair initially fell during the course of the session on Wednesday but turned around to form a hammer.
People Above 45 More Interested In Shanghai Disneyland
A survey studying the attraction of Shanghai Disneyland, which is scheduled to open on June 16 , has shown that people above 45 years old are the most interested in visiting the amusement park.
EURUSD Forecast May 17, 2016, Technical Analysis
The EURUSD pair did very little during the day on Monday, as we continue to hang just above the 1.13 level.