GBPUSD Daily Analysis – September 16, 2016
GBPUSD is facing the resistance of the downward trend line on 4-hour chart.
Currencies
AUDUSD Daily Analysis – September 16, 2016
AUDUSD is in consolidation of the downtrend from 0.7731.
GBPUSD BOE Holds Policy, Focus Turns To Key US Data
Following the recent improvement in UK data, the Bank of England was widely expected to sound a little more upbeat about the economic outlook with virtually no one forecasting any further easing of monetary policy.
AUDUSD Forecast September 15, 2016, Technical Analysis
The AUDUSD pair initially tried to fall, but then turned around to slam into the 0.75 level.
Silver Looks To The USD For Help
Yesterday was, once again, another negative day for silver, which continued lower for a fourth consecutive session, opening gapped down from Friday’s close before ending at $19.00 per ounce.
EURUSD Forecast September 13, 2016, Technical Analysis
The EURUSD pair went back and forth during the day on Monday, as we continue to try to find our footing in this market.
AUDUSD Forecast September 13, 2016 Technical Analysis
The Australian dollar initially fell during the course of the session on Monday, testing the 0.75 level.
King Dollar Set For A Rebound?
The dollar staged a broad-based rally on Thursday to make back some of the losses it had suffered earlier in the week which had been on the back of a poor ISM services PMI reading and last week’s disappointing jobs report.
EURUSD Forecast September 9, 2016, Technical Analysis
The EURUSD pair initially took off to the upside during the day on Thursday, but turned right back around below the 1.1350 level to form a shooting star.
AUDUSD Forecast September 9, 2016, Technical Analysis
The AUDUSD pair initially tried to rally during the course of the day on Thursday, but then turned right back around to form a nasty looking shooting star.