Technical Analysis DAX & AUD/JPY

The H4 the price was unable to consolidate below 1.1400 (or see a 23.6% correction) of course this doesn’t mean that the currency pair won’t see a correction soon. If the pair surpasses 1.1400 near the intersection with the limit of the upper fan...

Compounding the effect was a slip in retail sales fell continuing last month’s trend. Estimates gauge the possibility of another rate hike at under 50%., of course this is a disparate position from FOMC’s plan to commit 4 increases by 2018...

The currency strengthened opposite the JPY and EUR, but slipped opposite AUD and GBP. Janet Yellen head of the FRS went on record in front of Congress pointing out the US economy’s positive trend which in turn will affect the Fed’s interest rate stance...

The US Dollar floundered against most other FOREX currencies yesterday. The only currency that fared worse than the dollar (resulted in the USD strengthening against it) was the EUR...

This week, the dollar is starting off on a strong note as US interest rates continue their increase from Friday. For example, 10-year yields...

Our four-hour chart is showing Tenkan-sen under the Kijun-sen, both while being horizontal. Chikou Span confirmative line bisects the chart from below, indicating a descending cloud reversing into ascension. XAU seems to be trading over both the Tenkan-sen and Kijun-sen...

Mario Draghi shook up markets on Tuesday by announcing victory against deflation and stating that policy needs to gradually normalize...

It seems that investors confidence in commodity currencies were renewed as their prices grew while the safe-havens...

CAD was the biggest mover on Friday with a sharp fall after the Canadian CPI slowed even more than expected...