Strategies

AUDUSD Weekly Analysis - May 1, 2016

AUDUSD broke below the support of the upward price channel on daily chart.

EURUSD Weekly Analysis - May 1, 2016

EURUSD remains in uptrend from 1.0517.

Oil Prices Continue To Tip Toe Higher

For longer term traders and investors in oil, as we come to the end of another month with the latest weekly oil inventories now posted, it is once again the weekly and monthly charts that provide insight and context for the future trends.

Curiouser And Curiouser As The Three Sisters Disconnect

As we move to the end of another trading month a feature now building in US equity markets is the apparent disconnect between the three principal indices, and in particular the divergence between the NQ, which appears to be moving South, and the others which are moving North.

GBPUSD Forecast April 28, 2016, Technical Analysis

The GBPUSD pair initially rose during the course of the session on Wednesday, but turned right back around to form a bit of an exhaustive candle.

AUDUSD Forecast April 28, 2016, Technical Analysis

The AUDUSD pair fell during the course of the session on Wednesday, breaking below the 0.76 level at one point.

EURUSD FXE

The EURUSD pair had a slightly positive session during the day on Wednesday, pre-FOMC Statement.

AUDUSD Forecast April 27, 2016, Technical Analysis

The AUDUSD pair tried to rally during the day on Tuesday, but failed to hang onto about half of the gains.

USDCAD Forecast April 26, 2016, Technical Analysis

The USDCAD pair went back and forth during the course of the day on Monday, essentially forming a neutral candle.

GBPUSD Forecast April 26, 2016, Technical Analysis

The GBPUSD pair initially fell during the course of the session on Monday, but turned back around and reached above the 1.45 handle.