Forex Consulting

AUD/USD upside stalls at the 0.7900 region

The pair touched an intraday high of 0.7905 before slipping a little The aussie got a major boost from yesterday’s retail sales data beat while the dollar was the worst performer in the major bloc. That gave a boost to AUD/USD as it made a run up towards key resistance levels sitting near 0.7900. Copyright…

Forex Consulting

European equities open firmer in today’s trading

European stocks are kicking things off on a positive note today A good start for European equities today – as investors appear to be taking a cue from Wall Street’s record closing yesterday. Meanwhile, in Asia, the Hang Seng index closed the day 0.9% higher at 31,412.54. Copyright 2015 Forexlive.com

Forex Consulting

Economic data coming up in the European session

A preview of the economic calendar for the European session trading today Howdy, everyone! It’s Friday already! The Asian session was rather calm and so far there are no major moves in the market just yet – although gold is attempting a breakout from the resistance pocket that I highlighted yesterday. Copyright 2015 Forexlive.com