China’s Exports Surge, Imports Dip
China’s exports in yuan-denominated terms surged 18.7 percent year on year in March, while imports dipped 1.7 percent, customs data showed on Wednesday.
Strategies
USDCAD Countertrend Setup Apr 13, 2016
USDCAD has been trending lower, moving inside a descending channel pattern on its 4-hour time frame. Price is now making its way close to the channel support near the 1.2700-1.2750 and might be due for a bounce.
EURUSD Forecast April 12, 2016, Technical Analysis
The EURUSD pair went back and forth during the course of the day on Monday, showing quite a bit of confusion at the 1.14 handle which of course is the beginning of massive resistance.
AUDUSD Forecast April 12, 2016, Technical Analysis
The AUDUSD pair initially tried to pull back during the course of the session on Monday but then ended up rallying.
Alibaba Signs Deal To Develop Rugby In China
E-commerce giant Alibaba Group Holding Ltd is planning to develop rugby on the Chinese mainland and exclusively broadcast rugby content through the online platform of its new sport division－Alisports.
EURUSD Forecast April 12, 2016, Technical Analysis
The EURUSD pair went back and forth during the course of the day on Monday, showing quite a bit of confusion at the 1.14 handle which of course is the beginning of massive resistance.
AUDUSD Forecast April 12, 2016, Technical Analysis
The AUDUSD pair initially tried to pull back during the course of the session on Monday but then ended up rallying.
China’s March Consumer Prices Up 2.3%
China’s (FXI, quote) consumer prices grew 2.3 percent in March year on year, the same as in February, according to the data issued by the National Bureau of Statistics Monday.
Huawei Set To Take On Apple In Key Markets
Huawei Technologies Co Ltd is preparing to challenge Apple Inc in a premium-end smartphone market as the Chinese telecom equipment maker unveiled a new flagship handset in the United Kingdom and a top executive spoke of plans to enter the United States.
EURUSD Forecast April 7, 2016, Technical Analysis
The EURUSD pair initially fell during the day on Wednesday, but turn right back around to form a fairly bullish candle.