USDJPY Downtrend Setup Feb 15, 2016
USDJPY has been trending lower in the past few days, moving below a descending trend line on its 1-hour time frame.
Strategies
Facebook Continues To Struggle With Europe’s Privacy Laws
Social media giant Facebook Inc (FB, quote) has been caught up in a great deal of controversy in Europe over the past year, as users complain that the firm’s privacy policies don’t align with those that govern each EU country.
EURUSD Forecast February 9, 2016, Technical Analysis
The EURUSD pair went back and forth during the course of the day on Monday, ultimately showing quite a bit of support just above the 1.1050 level.
AUDUSD Forecast February 9, 2016, Technical Analysis
The AUDUSD pair went back and forth during the course of the session on Monday, showing that there is quite a bit of confusion in this market.
China Manufacturing Activity Contracts Hits 3-Year Low
China’s manufacturing activity contracted for the sixth straight month in January, signalling persistent weakness, official data showed on Monday.
GBPUSD Trend Line Pullback Feb 01, 2016
GBPUSD recently made a strong downside break from the short-term rising trend line support visible on its 1-hour time frame.
Plenty Of Smoke But No Roast!
As a trader and investor, I always find volatile markets the most interesting and rewarding.
AUDUSD Forecast January 29, 2016, Technical Analysis
The AUDUSD pair broke higher during the course of the session on Thursday, testing the 61.8% Fibonacci retracement level.
Zoomlion Offers US$3.2b For US Heavy Machinery Maker
China’s Zoomlion Heavy Industry Science & Technology Co confirmed on Wednesday an unsolicited takeover bid for Terex Corp, the US crane and construction machinery maker.
AUDUSD Forecast January 28, 2016, Technical Analysis
The AUDUSD pair rose during the day on Wednesday, breaking above the recent highs that we’ve seen hold as resistance.