EUR/USD Channels Lower on US News
The EUR/USD is trading at weekly lows after US Consumer Confidence figures posted better than expected.
The EUR/USD is trading at weekly lows after US Consumer Confidence figures posted better than expected.
As the Fed talks up a more aggressive path for rate hikes, the US Dollar has strengthened in broad based fashion. We will look at a bearish and bullish Elliott Wave scenario.
As the Fed talks up a more aggressive path for rate hikes, the US Dollar has strengthened in broad based fashion. We will look at a bearish and bullish Elliott Wave scenario.
Fed Chairwoman Janet Yellen has been talking up the possibility of a September rate hike. If this happens, logic would dictate that the hike may become a head wind for DJIA.
Fed Chairwoman Janet Yellen has been talking up the possibility of a September rate hike. If this happens, logic would dictate that the hike may become a head wind for DJIA.
Crude Oil Prices continue to conslidate for the 5th session, after failing to breakout below critical support near $46.50.
Crude Oil Prices continue to conslidate for the 5th session, after failing to breakout below critical support near $46.50.
Recent comments by Fed Chairwoman Janet Yellen has pushed gold prices lower into previously cited support. $1311-1320 may be an area of a technical price bounce.
Recent comments by Fed Chairwoman Janet Yellen has pushed gold prices lower into previously cited support. $1311-1320 may be an area of a technical price bounce.
Gold prices closed lower last week, but are fast approaching daily support near $1,310.71.