AUDUSD Forecast October 4, 2016, Technical Analysis
The AUDUSD pair broke higher during the course of the session on Monday, but gave back more than half of the gains from the early part of the session.
Curve Ahead Market Strategies
EURUSD Forecast October 4, 2016, Technical Analysis
The EURUSD pair fell slightly during the course of the session on Monday, and as a result I feel that there is more than enough support below to eventually find buyers, and I believe that the 1.1150 level below is massively supportive.
Gold On Shaky Footing
Gold and silver have started the new trading week, month and quarter on the back foot today. At the time of this writing, gold was trading at $1312 and silver was below $19.00 per troy ounce once again.
Brexit-Hit Pound Stages Modest Rebound On Manufacturing Surprise
News that the UK manufacturing activity in September hit its highest level since June 2014 has provided a welcome relief for sterling.
Stocks Trim Losses
European stock markets started this last day of the month and quarter sharply lower as concerns over Deutsche Bank intensified, which undermined sentiment in the financial sector once again.
Oil Higher Ahead Of OPEC Decision
Crude prices jumped in reaction to the latest weekly US crude stockpiles data but then quickly went into reverse gear, before bounce back once again.
AUDUSD Forecast September 27, 2016, Technical Analysis
The AUDUSD pair initially fell during the course of the session on Monday, but then turned around to form a very positive candle.
EURUSD Forecast September 27, 2016, Technical Analysis
The EURUSD pair initially fell during the course of the session on Monday, but turn right back around to reach higher.
Markets Start Last Week Of September On The Back Foot
It hasn’t been a great start for global equities in this last week of September, with European indices dropping between 1.0 to 1.5 per cent during Monday’s morning session, mirroring a similar performance in Chinese and Japanese markets overnight.
GBPUSD Daily Analysis – September 26, 2016
GBPUSD’s downward movement from 1.3445 extended to as low as 1.2914.