AUDUSD Channel Bounce? (July 2, 2014)
The rising channel on AUDUSD’s 1-hour forex chart is still holding and it appears the pair found resistance at the .9500 major psychological level, which lines up with the top of the channel.
Curve Ahead Market Strategies
Quantitative Weekly FX Forecast – 30th June, 2014
Each week and calendar month, quantitative analysis is used to determine certain probable price movements which can be forecasted.
China’s June PMI at six-month high
Growth in China’s (FXI, quote) manufacturing sector accelerated to a six-month high in June, registering a strong end to the second quarter and an encouraging sign that the economy is further stabilizing.
EURUSD Daily Analysis – June 30, 2014
EURUSD is facing 1.3651 resistance, a break above this level will signal resumption of the short term uptrend from 1.3512, then further rise to test 1.3676 key resistance could be seen.
GBPUSD Daily Analysis – June 30, 2014
GBPUSD is testing 1.7062 resistance, a break of this level will indicate that the uptrend from 1.6692 has resumed, then next target would be at 1.7200 area.
AUDUSD Daily Analysis – June 30, 2014
AUDUSD is testing 0.9444 resistance, a break above this level will indicate that the uptrend from 0.9208 has resumed, then next target would be at 0.9500 area.
EURUSD Forecast June 27, 2014, Technical Analysis
The EURUSD pair fell during the session on Thursday, but you can see found enough support to bounce and form a hammer.
Brent Steady As Iraqi Exports Look Unaffected
Brent crude oil (BNO, quote) was steady just below $114 as worries about a supply interruption in Iraq faded. The commodity traded at $113.78 at 8:50 GMT as investors evaluated whether or not the Middle Eastern nation’s ongoing conflict would escalate further and tighten global supplies.
AUDUSD Forecast June 26, 2014, Technical Analysis
The AUDUSD pair bounce from the lows during the session on Wednesday, showing that we still have plenty of support below and that the pressure should continue to break out and above the 0.95 handle.
China’s Twitter abuzz with Microsoft’s chat robot
Microsoft’s chat robot Xiaobing has been officially brought back to the public on the platform of Sina Weibo, the China’s twitter (TWTR, quote) on Wednesday.