AUD/USD – Monitoring Consolidation for Breakout
The AUD/USD is consolidating after cracking the support around 0.9860, one that goes back to Dec. 2011. The trend remains bearish as we make lower highs and lower lows. Meanwhile the momentum has been persistent, reflected by the RSI reading stay
AUDUSD Test Channel Resistance Line
The AUDUSD has a defined lower trend line where the price tested on a number of times in trading over the last 6 or so trading days. The price has consolidated since the low on Friday, and the sideways action has pushed the price toward a test of
Why Has Gold Fallen In Price And What Is The Outlook?
By Mark O`byrne Gold's London AM fix this morning was USD 1590.25, EUR 1245.20, and GBP 1005.34 per ounce. Friday's AM fix was USD 1588.00, EUR 1251.08 and GBP 1005.13 per ounce. Silver is trading at $28.45/oz, 22.37/oz and 18.06/oz.
EU Morning Report- Euro rebounds but still under pressure
By Easy-Forex The euro (EUR) edged higher to 1.2812 rebounding from a four-month low at 1.2641 against the US dollar. The single currency tumbled on Friday on concerns over Greece's political uncertainty as well as growing instability in the Spanish ...
Neutral GBP/USD, And Within 45 Pip Range Today
On Friday Pound/Dollar bounced up, increasing with 100 pips. The Cable appreciated from 1.5731 to 1.5834 on Friday, in converse with the negative money flow sentiment at almost -9%, closing the week at 1.5816. Today the British Pound strengthened ...
Why Royal Dutch Shell Belongs In Your Portfolio
After all, the fact that XOM, the world's largest oil company, as measured by market cap, would make such a large bet on natural gas led to much wagging of tongues among energy investors. This can be considered especially true, given XOM's justifiable ...
US wheat hits near 9-month top on supply concerns
The US Department of Agriculture has been counting on an early winter wheat harvest to help cushion extremely tight supplies corn held over from last year's harvest. Wheat can be used to replace corn in animal feed. But the promise of a bumper US hard ...
Comdoll Trading Kit (May 21-25, 2012)
Happy Monday to my comdoll buddies! Let's start the week right by taking a look at the events that could rock the commodity currencies and by marking the potential inflection points for the next few days.Read more: http://www.babypips.com/blo
Roger J Kerr says the recent sharp fall in the NZD is more than can be ...
Falling global sharemarkets, energy prices, commodity prices, EUR/USD exchange rate, AUD/USD exchange and expectations of interest rate cuts in NZ are all behind the NZ sell-off. If there was an expectation that those variables will all continue to ...
AUD/USD, hard time finding bids; 0.9800 tested ahead of Tokyo
The offerless AUD/USD pair continues to follow its merciless course to lower ground ahead of the Tokyo open at the top of the hour. After kicking off around 0.9840, the sport rate has been sliding quite consistently over the ...
AUD/USD gaps higher, reaches 0.9850
The Australian dollar opened against the greenback with a gap higher to 0.9836 vs. 0.9813 at the close late Friday, having touched a session high of 0.9851, recording a 0.4% gain so far this Monday in Asia; AUD/USD has ...
A mining boom cut-off is coming
Let me detail why it is happening, reveal some of the projects in the front line of curtailment plus those likely to proceed and finally make a first attempt of projecting what it means to the Australian economy. Current mining investment is running in ...


