USD/JPY Forecast March 27, 2014, Technical Analysis
The USD/JPY pair fell during the bulk of the session on Wednesday, but as you can see found enough support in order to turn things back around and bounce above the 102 level.
ETF
AUD/USD Forecast March 26, 2014, Technical Analysis
The AUD/USD pair rose during the session on Tuesday, breaking above the 0.9150 handle.
EUR/USD Forecast March 26, 2014, Technical Analysis
The EUR/USD pair tried to fall apart during the session on Tuesday, but as you can see the 1.3750 level offered enough support to push the market higher, and move it back enough to form a hammer.
EUR/USD Forecast March 25, 2014, Technical Analysis
The EUR/USD pair bounce during the session on Monday, breaking above the 1.38 level by the end of the day, but giving back quite a bit of the gains nonetheless.
Geopolitical Tension Keeps Brent Above $106
Brent crude oil (BNO, quote) slid lower on Tuesday after PMI data added to worries about a waning global demand outlook. The commodity traded at 106.63 at 5:20 GMT as the confrontation between the West and Russia helped keep a floor under prices.
HSBC China’s preliminary manufacturing PMI sinks
China’s manufacturing activity contracted for the third month in a row in March, hitting an eight-month low, according to HSBC’s preliminary purchasing managers’ index (PMI) released on Monday.
USD/JPY Forecast March 24, 2014, Technical Analysis
The USD/JPY pair fell during the session on Friday, but stays above the 102 level to show signs of support.
EUR/USD Channel Support Retest (March 24, 2014)
EUR/USD recently broke below a key support zone around the bottom of the rising channel on the 1-hour time frame and the 1.3800 major psychological level.
Position Updates
I wanted to provide a couple of position updates as we close out the last day of trading for March Expatriation. We had 6 awesome winners this month with 3 of them in triple digit gains of which 2 of them only took 90 minutes to realize.
Opportunities and strategies behind the reform of chinese SOEs
At the two Conferences (National People’s Congress and Chinese Political Consultative Conference) of 2014, the reform of State-Owned Enterprises (SOE) became a hot topic of discussion among the representatives.