GBPUSD Forecast October 6, 2015, Technical Analysis
The GBPUSD pair initially tried to rally but then turned back around to form a rather negative candle.
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Pre-Market Movers
Today’s Pre-market movers for October 6, 2015
EURUSD Forecast October 6, 2015, Technical Analysis
The EURUSD pair initially tried to rally during the day on Monday, but found far too much in the way of resistance near the 1.13 level.
Amazon’s Web Services Continues to Disrupt
Oct. 5 — Bloomberg’s Cory Johnson reports on the disruptive power of Amazon’s (AMZN, quote) web services. He speaks on “Bloomberg Markets.”
Chinese Electronics Giant Expands In Southern Africa
Chinese (FXI, quote) electronics manufacturer, Hisense, is expanding in Southern African countries in line with its continued commitment to both South Africa and the continent as a whole, the company said on Saturday.
AUDUSD Rising Channel Oct 5, 2015
AUDUSD seems to have bottomed out from its recent long-term selloff, as the pair is starting to trade inside a rising channel on its 1-hour chart. Price recently broke above the double bottom neckline as well, setting its sights on the next potential resistance areas.
FTZ To Widen Services To Foreign Capital
The Shanghai free trade zone will open the service sector wider to foreign investors by launching reforms catered to the needs of enterprises, and also make policies more transparent, said Jian Danian, deputy director of the zone’s administration.
USDJPY Potential Breakout Sept 18, 2015
USDJPY has been making higher lows and lower highs, creating a symmetrical triangle on its 1-hour time frame. Price just bounced off the triangle resistance and is currently testing support, still awaiting a bounce or a breakdown.
Hilsenrath: It Looks Like Fed Won’t Do It
The Wall Street Journal Chief Economics Correspondent Jon HIlsenrath and Bank of America Merrill Lynch’s Michael Hanson on the Federal Reserve.
GBPUSD Forecast September 17, 2015, Technical Analysis
The GBPUSD pair shot higher during the course of the session on Wednesday, crashing into the 1.55 handle.