Monthly Archives: January 2018

AUDUSD Reaches Key Inflection Point

The AUDUSD has drifted higher for seven straight weeks. We have to travel back to the period between June and July of 2016 to find a comparable multi-week win streak, albeit a less significant one.

But nothing lasts forever, and what goes up must come down. However, the last thing you want to do …

USD Bearish Momentum Set to Continue Through January FOMC

The US Dollar (via DXY Index) has slipped to fresh weekly lows and what would be a fresh low close for 2018, should it fail to rebound the remainder of Wednesday. Market participants are rightly overlooking US President Trump’s first State of the Union address as, in recent history, it’s been rare…

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