AUDUSD Forecast May 17, 2016, Technical Analysis
The AUDUSD pair tried to rally during the day on Monday, and did manage to get above the 0.73 level, but could not hang onto the gains in the end.
Strategies
AUDUSD Weekly Analysis – May 15, 2016
AUDUSD’s downward movement from 0.7834 extended to as low as 0.7253.
EURUSD Weekly Analysis – May 15, 2016
EURUSD stays in the upward price channel on daily chart, and remains in uptrend from 1.0517,
EURUSD Forecast May 5, 2016, Technical Analysis
The Euro tried to rally during the day on Wednesday, but struggled above the 1.15 level again.
AUDUSD Forecast May 5, 2016, Technical Analysis
The AUDUSD pair initially tried to rally during the day on Wednesday but found the area above the 0.75 level to be a little bit too rich.
EURUSD Forecast May 4, 2016, Technical Analysis
The EURUSD pair initially rose during the day on Tuesday, but turned back around to form a shooting star.
AUDUSD Forecast May 4, 2016, Technical Analysis
The AUDUSD pair fell significantly during the course of the session on Tuesday, crashing into the 0.75 support level.
EURUSD Forecast May 3, 2016, Technical Analysis
The EURUSD pair broke higher during the course of the day, clearing the 1.15 level.
China Top Coal Producer Reports Less Profits in Q1
China Shenhua Energy Company Limited, the nation’s top coal producer, has said its net profits plummeted 28.3 percent year on year to 4.74 billion yuan (734 million U.S. dollars) in the first quarter of 2016.
EURUSD Forecast May 2, 2016, Technical Analysis
The EURUSD pair broke higher during the course of the session on Friday, as it looks like we are getting ready to break towards the 1.15 handle.