The AUD/USD has been consolidating since reaching 0.9504 high of the year.After a sharp retreat, price held above the 0.9321 level and continued to consolidate sideways. This consolidation structure is turning up the bearish bias in July. It looks like traders are rounding out a price top. AUD/USD 4H Chart 7/18 Looking at the ...
Updated 07-18-2014 at 02:06 PM by BrokersMinutes
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Swami Wave ---------- SwamiWave_v1 indicator was created for Premium Trading Forum. This indicator is showing the cyclic price swings at multiple lookback periods. Blue sections indicate wave troughs (valleys) and orange indicates wave crests (peaks). ---------- ...
Harvard Scientists Say That There May Be An Ancient Earth Inside Earth A team of Harvard scientists may have found an indication that a portion of an ancient Earth exists inside our planet’s mantle. A study presented at the Goldschmidt conference in Sacramento, California, claims that the previously inexplicable isotope ratio from the depths of the Earth may be an “echo” of the ancient Earth that existed before the collision ...
Summary The fundamental basis for a strong dollar is being questioned.A modest extension of the euro's gains may be expected ahead of the ECB and US jobs data.The dollar closed below the 200-day moving average against the yen on a weekly basis for the first time since before Abe was elected.The dollar appears to have formed a head and shoulders top against the peso. The constructive outlook for the US dollar was predicated on two beliefs. First that growth and interest ...