Shanghai meat supplier for McDonald, KFC suspended
Earlier on Sunday the administration had ordered that all meat products supplied by Shanghai Husi Food Co., Ltd should be taken off shelf for safety concerns.
Curve Ahead Market Strategies
EURUSD Daily Analysis – July 21, 2014
EURUSD’s downward movement from 1.3700 extended to as low as 1.3490.
AUDUSD Daily Analysis – July 21, 2014
AUDUSD failed to break below 0.9328 support, indicating that lengthier sideways movement in a range between 1.9328 and 1.9455 is underway.
Positions Update
Happy Friday Everyday This week we saw a nice swing up in the beginning of the week and then downward on global tension in Israel and concerns over the tragedy of the downed plane in the Ukraine. Our prayers and thoughts are with those families effected by this horrible tragedy.
China Premier GDP growth of 7.5% in range
Chinese Premier Li Keqiang has reiterated “quality” as the mainspring of China’s growth, saying that quality growth, whether slightly higher or lower than 7.5 percent, will be acceptable.
EURUSD Forecast July 18, 2014, Technical Analysis
The EURUSD pair went back and forth during the session on Thursday, showing that the 1.35 level would of course continue to be supportive.
GBPUSD Forecast July 18, 2014, Technical Analysis
GBPUSD fell during the session on Thursday, testing the 1.71 level.
AUDUSD Forecast July 18, 2014, Technical Analysis
The AUDUSD pair tried to rally during the course of the session on Thursday, but as you can see pulled back to form a shooting star.
AUDUSD Forecast July 16, 2014, Technical Analysis
The AUDUSD as you can see fell during the session on Tuesday, only to turn back around and form a hammer.
GBPUSD Forecast July 16, 2014, Technical Analysis
The GBPUSD pair broke higher during the session on Tuesday, but could not clear the 1.72 level that we have been looking for in order to start buying again.