Month: January 2018

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  Technical levels are defining the trading range for the AUDUSD

  Consolidates  near the highs The AUDUSD tested a topside trend line in the run up yesterday. That trend line (it is the topside channel trend[...]
  2018-01-22 06:23:09

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  USDJPY dips on comments of McConnell planning for a shutdown

  Price falls below 100 hour MA. A news report from Politico saying Sen Majority Leader McConnnel is planning for a govt shutdown, has sent the[...]
  2018-01-22 06:23:09

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  What are the next targets in the runaway GBPUSD?

  1.3956 and then 1.4004-11 are the next in line The GBPUSD is on a runaway mission to the upside and begs the question "What are[...]
  2018-01-22 06:23:09

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  The EURGBP trades below 200 day MA

  Tests the January 2018 low Helping the GBPUSDs run up is a weaker EURGBP. Looking at the daily chart above, the price has moved back[...]
  2018-01-22 06:23:09

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  GBPUSD trend run stalls but look for the buyers on dips

  The last leg was 120 pips The run higher in the GBPUSD took the price from 1.38207 to a high of 1.3941. That is about[...]
  2018-01-22 06:23:09

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  The market isn't too concerned about a US government shutdown... yet

  A shutdown starts at midnight if there is no deal The Senate doesn't appear to have enough votes to pass the spending deal and avert[...]
  2018-01-21 20:47:12

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  US stocks are opening higher. Dow lags with IBM and Amex drag.

  Broader indices doing better The major US indices are opening higher, with the Dow 30 lagging.  Amex and IBM, who announced earnings after the close[...]
  2018-01-21 20:47:12

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  Germany's Schauble says failure to agree coalition deal is not a catastrophe

  Former German fin min and now Bundestag president in Die Welt 19 Jan] Story courtesy of our good friends at Livesquawk.com Full interview but gated[...]
  2018-01-21 20:47:12

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  White House to hold briefing at 15.30 GMT on possible government shutdown

  Comment on Reuters 19 Jan No further detail so let's see what they have to say. Adam had on the shut-down scenario earlier. this say[...]
  2018-01-21 20:47:12

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  Russian economy minister says crude unlikely to exceed $60 in medium term

  Bearish comments from the Russian oil minister via Interfax WTI is trading at $63.43 and Brent is at $68.96. The economy minister said current levels[...]
  2018-01-21 20:47:12

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