AUD Eyes A Breakout Following Firm Employment Data
A quick update on AUD following the strong data seen earlier today. Last week we highlighted the potential for AUD to carve out a new low, although part of the… Read more »
Category: Technical Analysis
Cable slips to session low as May faces mounting opposition in parliament
GBP/USD touches a low of 1.2954 on the day ForexLive The bout of worries here is starting to weigh on the pound as cable drops back towards a test of… Read more »
USD/CAD Forex Signal | DailyForex
Yesterday’s signals were not triggered, as none of the key levels were ever reached. Today’s USD/CAD Signals Risk 0.75% per trade. Trades may only be taken before 5pm New York… Read more »
S&P 500 and Nasdaq Forecast
S&P 500 The S&P 500 tried to rally during trading on Wednesday, but found the 2750 level to be too much, and then broke down below the bottom of the… Read more »
USD/JPY and AUD/USD Forecast | DailyForex
USD/JPY The US dollar initially tried to rally during the trading session on Wednesday but rolled over again. This time, we did not form a shooting star, we broke further…. Read more »
GBP/USD holds steady ahead of the next round of Brexit ping pong
GBP/USD is steadily climbing, testing the 200-hour moving average now ForexLive Price is now attempting to move above the 200-hour MA (blue line) @ 1.3015 and by doing so, buyers… Read more »
Oil steadies after worst slump in three years, what’s next?
Oil is finding some reprieve but supply issues aren’t going away just yet Just when you think oil can find some relief from talks of too much supply, the inventory… Read more »
How Much Further Can Oil Drop?
Short term Elliott Wave view on Oil suggests that the decline starting from Oct 3 high ($76.9) remains in progress as a 5 waves impulse Elliott Wave structure. Down from Oct… Read more »
Index Wilts Toward Key Chart Prop
Nikkei 225 Technical Analysis Talking Points: The Nikkei 225 remains under some bear pressure There’s little sign of a sustainable fightback at current levels A key support zone is getting… Read more »
Buyers stay in near-term control after positive labour market data
Price stalls around swing region resistance between 0.7260-75 ForexLive The solid labour market isn’t anything new for the aussie but the continued strong showing is helping to give buyers added… Read more »