AUDUSD formed a cycle top at 0.9029 level on 4-hour chart. Range trading between 0.8771 and 0.9029 is expected in a couple of days. Key resistance is...
AUDUSD formed a cycle top at 0.9029
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Are Central Bankers Destroying Your Wealth?
By MoneyMorning.com.au Whrrrrrrrr! That is the sound of the printing press being turned up to full speed. Yep, those central bankers are at it...
Dollar to Continue With its Bullish Run on FOMC Decision
By TraderVox.com Tradervox (Dublin) - With the crisis in euro-zone taking a backseat for the moment, investors are looking for new...
2 year note auction in less than 20 minutes
This 2 year note auction will probabbly be the catalyst for a strong move. If demand will show signs of weakness the usd will make new lows but if demand will be fair usd will bounce and try to erase previous week losses. Gold recent upside move could continue as it was based on usd...
What's Wrong with this Picture of the Forex Market?
Can anyone remember the last time this occurred with such a calm market reaction, even allowing for a partial holiday? Initial theories seem to be that risk is back on and global recovery is in full swing, which are plausible, albeit remotely at this early stage. However as yesterday’s Cable...
Soaring yields giving USD/JPY fresh boost into the weekend
With the short-end of the US yield curve anticipating rates hikes as early as September, short-term rates have backed up in breathtaking fashion today. 2-year notes are 36 bp higher in yield, an astounding move in a maturity that short. A move that large has awakened USD/JPY, sending the pair...