AUDUSD Forecast August 4, 2016, Technical Analysis
The AUDUSD pair went back and forth during the course of the day on Wednesday, essentially settling on a neutral candle.
Gold
AUDUSD Forecast August 2, 2016, Technical Analysis
The AUDUSD pair initially tried to rally during the course of the session on Monday, but turn right back around to form a bit of a shooting star.
Gold Canaries Waiting to Sing
Last week’s bearish engulfing candle for gold on the weekly chart appears to have had some follow through at the start of the new trading week, as the precious metal fell victim to a renewal of risk appetite as most global equity markets made fresh monthly highs, and the S&P and DOW soaring into new high ground.
AUDUSD Forecast June 23, 2016, Technical Analysis
The AUDUSD pair rose during the course of the session on Wednesday, breaking out to a fresh, new high.
Gold Struggling To Break Away Once Again
As we prepare for a volatile week, with every catastrophic world event being laid at the door of the UK and Brexit, it’s time to consider gold which is likely to see some volatile price action this week.
Headlines On The Radar
Today’s headlines that have caught the attention of our traders this morning as they prepare for the upcoming market session.
AUDUSD Forecast May 3, 2016, Technical Analysis
The AUDUSD pair rose during the course of the session on Monday, as we continue to find buyers every time this market pulls down.
AUDUSD Forecast April 27, 2016, Technical Analysis
The AUDUSD pair tried to rally during the day on Tuesday, but failed to hang onto about half of the gains.
AUDUSD Forecast April 21, 2016, Technical Analysis
The AUDUSD pair rose during the day on Wednesday, but struggled as we broke above the top of the shooting star from Tuesday.
AUDUSD Forecast April 20, 2016, Technical Analysis
The AUDUSD pair rallied initially during the course of the session on Tuesday, as we continue to see bullish pressure jump into the market.