Strategies

AUDUSD Forecast September 9, 2015, Technical Analysis

The AUDUSD pair broke higher during the course of the day on Tuesday, clearing the 0.70 level at one point.

50 Brokerages Inject US$16b To Support Shaky Market

Fifty Chinese brokerages have vowed to pledge a total of 100 billion yuan ($15.7 billion) to back up stock purchases, as regulators move to further prop up the shaking market, reported Securities Times.

AUD/USD Forecast September 3, 2015, Technical Analysis

The AUDUSD pair fell during the course of the session on Wednesday, testing the 0.70 level for support.

China Manufacturing Activity Contracts In August

China’s factory activity continued to lose steam in August, suggesting the world’s second largest economy faces prolonged downward pressure, official data showed Tuesday.

AUDUSD Weekly Analysis - August 30, 2015

AUDUSD’s downward movement from 0.8162 extended to as low as 0.7037.

EURUSD Weekly Analysis - August 30, 2015

EURUSD broke above 1.1467 resistance, and reached as high as 1.1713.

GBPUSD Retracement Setup Aug 26, 2015

GBPUSD recently broke past the resistance at the 1.5650-.1.5700 psychological levels and is showing signs of a pullback from the rally.

EURUSD FXE

So far in this morning’s forex trading session it’s been a case of selling the euro and buying the commodity dollars, with a strong move lower also in the EUR/JPY, although this bearish sentiment towards the euro has not been as strong in eurodollar.

AUDUSD Forecast August 26, 2015, Technical Analysis

The AUDUSD pair initially tried to rally during the course of the day on Tuesday, but found itself struggling yet again.

Where Next For Gold …..And Silver?

Whenever I put the proverbial pen to paper and start to write about gold, I can already hear the chorus of dissenting voices from those traders and investors who only view their beloved metal as bullish, and can never accept the reality of what is actually happening on the chart.