The Australian Dollar may be at risk despite Chinese trade figures that continued to hint at a global economic recovery. AUD/USD is eyeing US CPI amid a Head and Shoulders chart pattern.
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The Australian Dollar may be at risk despite Chinese trade figures that continued to hint at a global economic recovery. AUD/USD is eyeing US CPI amid a Head and Shoulders chart pattern.
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The S&P 500 index is riding an ascending trend higher and may attempt to challenge a psychological resistance level at 4,000 (the 100% Fibonacci extension of the past year’s first phase rally).
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Coinbase’s impending initial public offering could provide the necessary fuel for Bitcoin to push to fresh record highs in the coming days.
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Stocks on Wall Street retreated from record highs while Treasury yields climbed following smooth bond auctions. The Hang Seng and ASX 200 indexes are poised to gain slightly ahead of Chinese trade …
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Find out how parallels of these trend lines can be utilized to give structure to a market advance or decline.
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