Technical Analysis

The pair largely ignored the global stock market fall.  With the carnage in the global stock markets this week: Nikkei down -5.34% Hang Seng -2.9% Shanghai -7.60% SPX/ASX 200, -4.69% German Dax -4.36% UK FTSE, -3.81% Nasdaq, -4% S&P, -4.10% The typical risk-off selling of the AUDUSD (and NZDUSD) never materialized.  Last Friday the AUDUSD
Price sits in between the two key hourly moving averages ForexLive The pair is trading higher on the day as the dollar selling continues into the session after a dramatic 180º turn for the greenback in overnight trading. The pair also breached the 100-hour MA (red line) @ 1.1499 earlier and now this is where
Looks toward test of 100 hour MA The price of USDCAD has reversed it’s earlier gains and is now trading to new session lows.  The price at the high today stalled ahead of the high from yesterday. The price fell below a lower trend line, the low for the day at 1.29468, and is tracking
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Forex news for North American trading on October 5, 2018: Markets: WTI crude oil up 1-cents to $74.36 Gold up $4 to $1204 US 10-year yields up 4.3 bps to 3.23% S&P 500 down 16 points to 2885 GBP leads, NZD lags The anticipation on Friday was that it would be all about non-farm payrolls and the