AUDUSD Forecast November 8, 2016, Technical Analysis
The AUDUSD pair initially fell on Monday but then found buyers to push the market higher.
The AUDUSD pair initially fell on Monday but then found buyers to push the market higher.
Most analysts seem to agree with the markets that a victory for Hillary Clinton in the US presidential race is good news for the dollar, stocks and risk assets in general.
Samgsung Electronics Co Ltd said yesterday it would launch an artificial intelligence digital assistant service for its upcoming Galaxy S8 smartphone, seeking to rebound from the Galaxy Note 7’s collapse and differentiate its devices.
EURUSD broke below the upward price channel on 4-hour chart, indicating that consolidation of the uptrend is underway.
Forget the Bank of England meeting today, it is all about politics as far as the pound is concerned.
The EURUSD pair continued to grind higher during the day on Wednesday, as fears over a switch in the expected outcome of the presidential election in the United States of course has have the US dollar falling.
The Australian dollar initially fell during the day on Wednesday, but turned around to form a relatively supportive looking candle.
The Australian dollar initially tried to rally on Monday but turned right back around and sold off all of the gains.
GBPUSD stayed in the trading range between 1.1946 and 1.2477 for several days.
Lee Kranefuss of 55 Capital Partners on the economy, investing in ETFs and the government deficit.