EURUSD Forecast June 15, 2017, Technical Analysis
The EURUSD pair shot like a rocket into the stratosphere after less than impressive US numbers came out during the early New York trading.
AUDUSD Forecast June 14, 2017, Technical Analysis
The Australian dollar try to rally during the session on Tuesday, but found enough resistance above the turnaround for a bit of a shooting star.
GBPUSD Drops On Soft UK Earnings Ahead Of US CPI And FOMC
The GBPUSD started the day how it ended yesterday: higher. Speculators were still felling bullish after the stronger UK inflation figures had raised the prospects that the Bank of England may turn hawkish.
Crude Remains Undermined By Rising US Oil Supply
Crude oil was unable to hold onto its gains on Monday after appearing for a while to have ended its bearish run. Oil prices have fallen for three consecutive weeks after the OPEC and Russia failed to surprise the markets with their decision to extend the oil production deal.
The Fantasy World Of The FED
Do you remember the halcyon days when rising interest rates and increasing interest rate differentials were the precursor to a stronger currency?
GBPUSD on shay footing amid political turmoil in a key week
Today’s going to be a quieter session in terms of economic news, ahead of key events later this week. There are however at least three factors that need to be watched closely.
AUDUSD Forecast June 12, 2017, Technical Analysis
The Australian dollar gapped lower at the open on Friday, and continued to grind sideways after that.
EURUSD Forecast June 8, 2017, Technical Analysis
The EURUSD pair had a very volatile session on Wednesday, as we are trying to front run the European Union quantitative easing situation.
AUDUSD Forecast June 8, 2017, Technical Analysis
The Australian dollar exploded to the upside on Wednesday, using the 0.75 level as support.
Gold Makes Significant Bullish Breakthrough On Soft Dollar
Thanks to soft US economic data of late, expectations about an aggressive rate hiking cycle by the Fed has diminished.