The Australian dollar has rallied in the last 2 weeks from a low of US75c to around US76.60c against the greenback, defying analysts’ predictions that the currency would tumble if the US Federal Reserve stuck to their plan to hike rates …
Key technical setups discussed on USDOLLAR, GBPAUD, USDCAD, Crude Oil, NZDUSD, USDJPY, EURUSD, EURAUD, Gold EURGBP, GBPUSD & GBPJPY. Continue tracking these setups and more throughout the week- Subscribe to SB …
Notes: An outside day reversal candle today off key support shifts the near-term focus back to the topside for the GBPAUD with a breach above the weekly opening range high at 1.8433/40 needed to validate our directional bias. Note that after …
Market not Fully Discounting Export Coal Pricing Cuts: With the stock trading north of 11 times 2013 consensus (the high end of its 6-month range), we are concerned that CSX could be vulnerable to downward estimate revisions. And while …
Notes:The focus is on near-term resistance just higher with divergence in the intra-day momentum signature warning of possible exhaustion. The pair has continued to trade within the confines of a descending pitchfork off the yearly highs …
The Australian dollar has rallied in the last 2 weeks from a low of US75c to around US76.60c against the greenback, defying analysts’ predictions that the currency would tumble if the US Federal Reserve stuck to their plan to hike rates …