Technical Analysis

0.0 00 AUD/USD (0.7265) Points consider in this Forex market: Economic data from China and Australia hit the wires this morning. Both the Australian current account and PMIs from China. Looks like the Reserve Bank of …

0.0 00 FTSE 100 (6,393.13) Some points to take away from this article: London’s FTSE has soared higher to fresh highs. This week’s US data along with the Markit services PMI and durable goods orders should …

0.0 00 AUD/USD (1.0961) Some points to consider in this Forex market: AUD/NZD Forex market break lower challenges key support levels at 1.1010 and 1.10. Event risk on tap this week, NZD bond sale comes in …

0.0 00 Points to consider with the US Dollar market: Short term support held then we saw the Dollar bounce higher after the FOMC minutes were released. The USD remains on top of the other G-10 …

0.0 00 USD/JPY (123.341) Talking points to consider: The Bank of Japan (BOJ) made no changes to its monetary growth target which is at ¥80 trillion. The USD/JPY gains in value while the Nikkei falls on …

0.0 00 XAU/USD (1071.24) Points to consider in the Gold market: Gold is now down 10 percent since topping last October 10-15. The yellow metal is crashing through support levels. This selling is concerning and scary …

0.0 00 GBP/USD (1.5173) Some points to consider in this Forex market: It is expected that the headline Consumer Price Index (CPI) out of the United Kingdom will contract by 0.1 percent for the second month …

0.0 00 XAG/USD (14.248) Silver, gold’s cousin is trading with some stability as we are now near the August low price point around $13.95 per ounce. Prices have been declining for 11 trading days in a …

0.0 00 The EUR/USD Forex market continues to fall lower. The euro has now crashed through the summer lows at 1.0808 and 1.0848. These lows had, at one point this week, provided resistance for this Forex …

0.0 00 USD/MXN (16.693) Emerging market (EM) currencies remain somewhat of a bafflement. Over the last few weeks, Ems have remained stuck between positive and negative sentiment being shown to the equity markets. They are also …