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FXBinaryPoint Monthly Outlook: EUR/AUD Poised For Major Correction

Euro (EUR) extended upside movement against the Australian Dollar (AUD) in August, for the fifth month in a row, increasing the price of EUR/AUD to more than 1.6580 before some sharp retracement and managed to close the month at 1.4727. The pair turned the long term technical bias to Bullish by

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Dow 4 Sep Forex Technical Analysis by FxBinaryPoint

Wall Street rallied at the opening, but faded before the closing bell, with the indexes closing barely unchanged daily basis. The Dow Jones Industrial Average surged 23 points and ended the day at 16,374.76, down from a daily high around 16,554. The initial rally came after yesterday's big rebound

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Daily Market Analysis by FXBinaryPoint

Chinese jitters, with falling stocks and an economic slowdown, continued to be the main market mover this Tuesday, keeping risk aversion high and spurring demand for safe-haven assets. In Europe, German manufacturing improved at its fastest pace in 16 months during August, with the local PMI rising