USDCAD Forecast December 7, 2015, Technical Analysis
The USDCAD pair went back and forth during the course of the day on Wednesday as we got employment numbers out of both the United States and Canada.
Currencies
Monday’s Key Economic Data
Today’s Economic Key Data
EURUSD Forecast December 7, 2015 Technical Analysis
The EUR/USD pair fell slightly during the course of the session on Friday, as the previous uptrend line now is offering quite a bit of resistance.
GBPUSD Forecast December 7, 2015 Technical Analysis
The GBPUSD pair fell slightly during the course of the session on Friday, as we collected some of the gains from the Thursday session.
AUDUSD Forecast December 7, 2015 Technical Analysis
The AUDUSD pair went back and forth during the course of the day on Friday, testing the 0.74 level.
EURUSD Forecast December 4, 2015, Technical Analysis
The EURUSD pair initially fell during the day on Thursday, but then rocketed to the upside to crash into the bottom of the uptrend line that had previously made the ascending triangle.
AUDUSD Forecast December 4, 2015, Technical Analysis
The AUDUSD pair initially fell during the day but then turned back around as we continue to see the strength in the Australian dollar.
Oil Prices Driven Lower On Fundamentals And Technicals
These are interesting times for oil traders and speculators with Friday’s OPEC meeting in Vienna now on the horizon, and the question that will then be answered is whether the group will cut output to stem the supply glut that is now increasingly having to be held offshore around the oceans of the world.
AUDUSD Ascending Trend Line Dec 3, 2015
AUDUSD has been moving in a steady uptrend, trading above an ascending trend line connecting the latest lows of price action. Price recently made a swing high near the .7350 minor psychological level before showing signs of a pullback.
EURUSD Forecast December 2, 2015, Technical Analysis
The EURUSD pair rallied during the day on Tuesday, bouncing above the 1.06 handle.