AUDUSD Forecast May 26, 2016, Technical Analysis
The Australian dollar initially tried to rally during the day on Wednesday, but turned around back around to form a bit of a shooting star.
Curve Ahead Market Strategies
EURUSD Forecast May 25, 2016, Technical Analysis
The EURUSD pair initially tried to rally during the course of the session on Tuesday, but fell significantly and broke down below the 1.12 level.
AUD/USD Forecast May 25, 2016, Technical Analysis
The AUDUSD pair fell initially during the course of the day on Tuesday, but found enough support to turn things back around and form a hammer.
Wanda’s chief bombards Shanghai Disneyland
The billionaire behind China’s Dalian Wanda Group asserted that its rival Walt Disney may face huge obstacles when operating in the country as the iconic US firm is due to unveil its largest theme park in the Chinese mainland next month.
EURUSD Forecast May 24, 2016, Technical Analysis
The EURUSD pair initially tried to go higher on Monday, but turned back around to form a slightly negative candle.
AUDUSD Forecast May 24, Technical Analysis
The AUDUSD pair went back and forth on Monday, as we continue to struggle with the 0.73 level.
Foxconn To Build New Huawei Smartphone Factory
Foxconn Technology Group, the world’s largest computer manufacturer and supplier to Apple Inc., is reportedly building a new factory for Huawei Technologies in southwest China’s Guizhou Province (FXI, quote).
EURUSD Weekly Analysis – May 22, 2016
EURUSD’s fall from 1.1616 extended to as low as 1.1179. Deeper decline to test the support of the upward price channel on daily chart could be seen next week.
AUDUSD Weekly Analysis – May 22, 2016
AUDUSD continued its downward movement from 0.7834, and the fall extended to as low as 0.7175.
GBPUSD Weekly Analysis – May 22, 2016
GBPUSD remains in downtrend from 1.4769, the rise from 1.4332 could be treated as correction of the downtrend.