AUDUSD recently made a strong downside break from its ascending trend line connecting the recent lows on the 4-hour time frame. This suggests that a reversal is in order, after price completes its pullback to the broken support. The broken trend line coincides with the 61.8% Fibonacci retracement level on the latest swing high and low. If this keeps gains in check, price could resume its drop to the swing low at .7170 or much lower. ...
US Dollar Forecast - Fed Finally Hikes Rates. Now What for the US Dollar? The Fed finally did it! Its interest rates are above zero for the first time in six years. But why did the Dollar not rally, and what might we watch for next? Euro Forecast - Euro’s Economic Calendar Thins Out Through End of Year With only a handful of events on the economic calendar over the next two weeks, it seems that the low liquidity environment ...
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Nine Inch Nails fronter Trent Reznor has announced that the band will release new music in 2016. Reznor made the news public on Twitter, although he was skimpy with details. "New NIN coming in 2016. Other stuff, too," he wrote. NIN's latest album will be the follow-up to 2013's Hesitation Marks. more...
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