Interval: Daily Remember this chart? We have used it in the past when gold was bought because of the risk aversion triggered by the Cyprus problems. Well, the Double Bottom was not confirmed for gold, and the price fell, followed after … [Continue reading]
AUDUSD is in a 10 Months Range
Interval: Daily On 29th of June the price action of AUDUSD has made a new high but, was also the day that started the 10 month range. The first two throwbacks have determined the support zone between 1.01 and 1.0170, while the first high … [Continue reading]
Wrap Up 15-19 April EURUSD Down 0.84%
EUR Trade Balance 12.0B 9.9B 8.7B USD Empire State Manufacturing Index 3.1 7.2 9.2 USD TIC Long-Term Purchases -17.8B 41.3B 25.7B USD NAHB Housing Market … [Continue reading]
Wrap UP 15-19 April USDCAD Up 1.23%
Manufacturing Sales m/m 2.6% 0.6% -0.6% Foreign Securities Purchases -6.31B 7.28B 14.32B Overnight Rate 1.00% 1.00% 1.00% Core CPI m/m 0.2% 0.2% 0.8% CPI … [Continue reading]
Wrap Up 15-19 April GBPUSD Down 0.70%
Rightmove HPI m/m 2.1% 1.7% CPI y/y 2.8% 2.8% 2.8% PPI Input m/m -0.1% -0.3% 2.8% RPI y/y 3.3% 3.3% 3.2% Core CPI y/y 2.4% 2.3% 2.3% HPI … [Continue reading]
Wrap Up 15-19 April AUDUSD Plunges 2.15%
Home Loans m/m 2.0% 1.6% -0.3% New Motor Vehicle Sales m/m -0.6% -0.1% MI Leading Index m/m 0.6% 0.4% NAB Quarterly Business Confidence 2 -5 The overall economic data was good … [Continue reading]
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