EURUSD Forecast January 13, 2016, Technical Analysis
The EURUSD pair fell significantly during the day on Tuesday, as we race towards the 1.08 level.
Strategies
AUDUSD Daily Range Support Jan 13, 2016
AUDUSD is currently bouncing off the bottom of its long-term range visible on the daily time frame, partly supported by the pickup in risk sentiment and stronger than expected data in China.
Wednesday’s Key Economic Data
Today’s Key Economic Data
Copper Prices Remain Beaten Down
The start of the new year has seen no let up in the torrid time for commodities and commodity currencies, but for copper the continued uncertainty in China (FXI, quote) coupled with US dollar (UUP, quote) strength and lack of global economic growth continues to weigh particularly heavily, with the base metal breaking through the psychological $2.00 per lb price point, and currently trading at $1.965 per lb at time
Oil Takes Out One Level, And Now Looks To The Next!
When considering such as bearish chart as for crude oil, it’s interesting to play a mind game and consider it as perhaps a stock chart – an Enron or a Worldcom, and the prospect of oil going to zero.
EURUSD Forecast January 12, 2016, Technical Analysis
The EURUSD pair fell a bit during the course of the session on Monday, but found enough support later in the day to turn things around and form a somewhat significant rally by the time the market close.
AUDUSD Forecast January 12, 2016, Technical Analysis
The AUDUSD pair initially tried to rally during the course of the session on Monday, but turned back around to form a massive shooting star.
Tuesday’s Key Economic Data
Today’s Key Economic Data
GBPUSD Forecast January 11, 2016, Technical Analysis
The GBPUSD pair fell significantly during the course of the session on Friday, breaking down below the bottom of the hammer from the Thursday session.
EURUSD Forecast January 11, 2016, Technical Analysis
The EURUSD pair initially fell during the course of the day on Friday, testing the 1.08 level for support.