AUDUSD Trend Retracement Sept 15, 2015
AUDUSD has been moving higher in the past few days but it could be a large correction from the longer-term downtrend.
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Slow Growth May Spur More Support
China’s (FXI, quote) economic growth failed to rebound in August as expected, signaling that the central government may have to introduce more support measures.
EURGBP Rectangle Pattern Sept 14, 2015
EURGBP is still moving sideways on its 1-hour forex chart, bouncing off support at the .7260 area and finding resistance at .7360. Price is on its way up to test the top of the range once more while stochastic is moving down from the overbought zone, suggesting that the resistance might hold.
AUDUSD Weekly Analysis – September 13, 2015
AUDUSD stays below the downward trend line on daily chart, and remains in downtrend from 0.8162.
EURUSD Weekly Analysis – September 13, 2015
EURUSD remains in downtrend from 1.1713, the bounce from 1.1087 is likely correction of the downtrend.
Never Forget
September 11 – Never Forget
China’s Government Debt Risks Controllable: Premier
Premier Li Keqiang said on Wednesday that China’s government debt risks are “controllable,” as he met with business leaders ahead of the Annual Meeting of the New Champions, also known as the Summer Davos forum.
AUDUSD Forecast September 10, 2015, Technical Analysis
The AUDUSD pair fell during the course of the day on Wednesday, as the area above the 0.70 level continues offer resistance.
USDCAD Descending Triangle Sept 10, 2015
USDCAD has been moving sideways for quite some time, but the pair seems to have formed lower highs on the 1-hour time frame.
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