GBPUSD Retracement Setup Aug 26, 2015
GBPUSD recently broke past the resistance at the 1.5650-.1.5700 psychological levels and is showing signs of a pullback from the rally.
Currencies
Volatility & The Euro
So far in this morning’s forex trading session it’s been a case of selling the euro and buying the commodity dollars, with a strong move lower also in the EUR/JPY, although this bearish sentiment towards the euro has not been as strong in eurodollar.
AUDUSD Forecast August 26, 2015, Technical Analysis
The AUDUSD pair initially tried to rally during the course of the day on Tuesday, but found itself struggling yet again.
Where Next For Gold …..And Silver?
Whenever I put the proverbial pen to paper and start to write about gold, I can already hear the chorus of dissenting voices from those traders and investors who only view their beloved metal as bullish, and can never accept the reality of what is actually happening on the chart.
EURUSD Forecast August 26, 2015, Technical Analysis
The EURUSD pair fell during the day on Tuesday, slamming into the 1.14 handle.
AUDUSD Forecast August 26, 2015, Technical Analysis
The AUDUSD pair initially tried to rally during the course of the day on Tuesday, but found itself struggling yet again.
NZDUSD Descending Triangle Aug 24, 2015
NZDUSD is forming a descending triangle on its 4-hour time frame, making lower highs and finding support around the .6500 major psychological level. Price just got rejected on its latest test of the triangle resistance and is making its way back towards the bottom of the triangle.
AUDUSD Forecast August 20, 2015, Technical Analysis
The AUDUSD pair initially broke higher during the course of the session on Wednesday, but found enough resistance near the 0.74 level to turn things back around.
EURUSD Forecast August 19, 2015, Technical Analysis
The EURUSD pair fell during the day on Tuesday, reaching down towards the 1.10 handle.
AUDUSD Forecast August 19, 2015, Technical Analysis
The AUDUSD pair broke down a little bit during the session on Tuesday, but quite frankly we have a lot of noise below us.