AUDUSD Forecast June 25, 2015, Technical Analysis
The AUDUSD pair initially tried to rally during the day on Wednesday, but found far too much in the way of resistance
Strategies
EURAUD Reversal Confirmation June 24, 2015
EURAUD formed a double top pattern on its 4-hour chart recently, signaling that price is exhausted from its climb. The pair just broke below the neckline of the chart formation, confirming that a reversal is bound to take place.
Forces of Nature and Man, El Nino, Dams and Electricity
Nature and Man’s ideas can be amazingly beautiful, overwhelming, and sometimes disastrous.
Dr Copper Remains In Intensive Care!
Copper, like many other commodities holds a mirror to the Reuters Jeffries CRB index, which continues to wallow in a sea of bearish sentiment on the daily chart.
Oil Price War Continues As OPEC Tighten The Screw
As we come towards the end of another trading month, crude oil price remain firmly rangebound as OPEC’s policy of taking on the alternative energy suppliers in a price war continues.
USDJPY Forecast June 23, 2015, Technical Analysis
The USDJPY pair broke higher during the course of the session on Monday, clearing the 123 handle.
GBPUSD Forecast June 23, 2015, Technical Analysis
The GBPUSD pair broke out a few sessions ago as we cleared the 1.58 handle. On Monday, we pulled back to find support at that previous resistance barrier, something that you would expect if you use technical analysis for your trades.
AUDUSD Forecast June 23, 2015, Technical Analysis
The AUDUSD pair fell during the course of the session on Monday, testing the 0.77 level.
EURUSD Wedge Breakdown June 23, 2015
EURUSD has been consolidating inside a rising wedge pattern for the past few weeks and is recently showing signs of a breakdown. Price is trading below the 1.1300 handle and may be in for around 200 pips more in losses, which is the same height as the chart pattern.
Trading Sugar
One of our readers asked about strategies in trading sugar futures. One of our commodity experts, John Turner, weighs in…