As can be seen from the following trade opportunity alert for AUD/USD, this currency pair recently reversed up from the lower support trendline of the Down Channel chart pattern identified by ...
The U.S. Dollar weakened against the majority of its trading counterparts as demand for safe havens increased on speculation the Federal Reserve may scale back on monthly asset purchases very soon. ...
For the 24 hours to 23:00 GMT, AUD strengthened 0.20% against the USD to close at 0.9683.LME Copper prices declined 2.6% or $194.5/MT to $7285.5/MT. Aluminium prices declined 0.6% or $11.5/MT to ...
JPY crosses were all over the place overnight before and after Kuroda was out discussing the BoJ’s view of bond market volatility. EURUSD needs to fall today or we risk the old 1.3000 magnet ...
Bullish ScenarioThe AUD/USD pair has bounced back up from its support zone on a daily time frame. This support zone was given in our analysis on the 15th of May. The volatility for the pair was peaked...
The old market pattern of USD strong and JPY stronger has come back with the biggest downdraft in risk appetite in recent memory. Even CHF has picked up the old safe haven refrain. Stay careful out ...
Weekly ChartNZD/USD is moving lower in tandem with AUD/USD due to the rise in USD, which quickened its decline that was started 2 weeks ago due to a surprisingly dovish RBNZ who threatened to embark ...
Aussie dollar extended the downside, driven down by the weak Chinese manufacturing PMI (preliminary May estimate: 49.6, forecast: 50.5). On Thursday AUD/USD renewed an 11-month low at $0.9595, but ...
EUR/USD - European SessionThe pair rebounded to the upside yesterday and stabilized below the upside key support again, confirming that the downside move is ongoing. Further bullishness is expected to...
The U.S. Dollar rallied against the majority of its peers after the Federal Reserve Chairman, Ben Bernanke, testified before Congress. Mr. Bernanke stated that the central bank may scale back on the ...
