EURUSD Daily Analysis – September 26, 2016
EURUSD is forming a sideways consolidation in a range between 1.1123 and 1.1326.
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AUDUSD Daily Analysis – September 26, 2016
AUDUSD is testing the support of the price channel on 4-hour chart.
USDJPY Forecast September 26, 2016, Technical Analysis
The USDJPY pair went back and forth during the course of the session on Friday, ultimately settling on a neutral candle.
AUDUSD Forecast September 23, 2016, Technical Analysis
The Australian dollar initially rallied during the day on Thursday, but turned around to form a bit of a shooting star.
Saudi Oil Output Offer Report Lifts Brent For Fourth Day
Ahead of next week’s talks in Algeria, Reuters reported this morning that Saudi Arabia is apparently willing to reduce its oil output for as long as Iran agrees to freeze its production at current levels.
EURUSD FOMC Decision Won’t Necessarily Be A Binary Outcome For USD
Risk is on the menu at the start of this new week with stocks, crude oil and commodity currencies all climbing higher, while the dollar is easing back slightly after Friday’s rally.
AUDUSD Reversal Confirmation Sep 19, 2016
AUDUSD seems to be tired from its climb since it already formed a head and shoulders reversal pattern on its 4-hour time frame. Price also broke below the neckline at the .7500 major psychological level, confirming its potential selloff.
Dollar’s Consolidative Days Numbered?
The dollar’s laborious consolidative days seem to be numbered from both the technical and fundamental points of view.
GBPUSD Daily Analysis – September 16, 2016
GBPUSD is facing the resistance of the downward trend line on 4-hour chart.
AUDUSD Daily Analysis – September 16, 2016
AUDUSD is in consolidation of the downtrend from 0.7731.