Month: January 2018

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  EURUSD tests 1.2042 target area.

  July 2012 swing low The EURUSD has been running higher since the ECB meeting minutes were more hawkish That run higher has taken the price[...]
  2018-01-16 06:23:11

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  Forex technical analysis: GBPUSD reaches a strong resistance area

  100 and 200 hour MA at 1.3536-396.  Post-Brexit high corrective price at 1.3532. The GBPUSD has followed the trend in the dollar lower after the[...]
  2018-01-16 06:23:11

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  Bitcoin moves off double bottom. Buyers back in it but resistance looms.

  50% retracement is next target The price of bitcoin bottomed at the 2018 low at $12800 and holding a key technical level is all buyers[...]
  2018-01-16 06:23:11

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  Forex technical analysis: USDCAD trades the technical range

  200 hour MA below at 1.2490.  100 day MA above at 1.2590.  A hundred pip trading range. Yesterday, the USDCAD surged higher on the back[...]
  2018-01-16 06:23:11

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  EURUSD seeing some profit taking as European traders look to exit

  High stalls just ahead of underside of broken trend line.   The EURUSD is seeing some minor profit taking as European traders look to exit for[...]
  2018-01-16 06:23:11

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  Forex technical analysis: AUDUSD tests 61.8% retracement. Is it time to go?

  Better retail sales out of Australia helps pair The Australian retail sales came in much better than expectations at the start of the day today[...]
  2018-01-16 06:23:07

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  Eurozone November trade balance SA EUR 22.5 bn vs EUR 22.3 bn expected

  Latest data released by Eurostat - 15 January 2018 More or less within expectations. Nothing too big of a deal as I mentioned in the[...]
  2018-01-15 20:47:12

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  Cable surges on USD supply triggering stops

  Another good day at the office for GBPUSD so far today General USD selling, coupled with a few stops being triggered through 1.3780 and 1.3800[...]
  2018-01-15 20:47:12

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  Scottish govt: No credible outcome from Brexit talk other than UK remaining part of EU

  Some comments by the Scottish government via Reuters Just some yipper yapper on Brexit talks. Nothing too big of a deal. Meanwhile, cable surges through[...]
  2018-01-15 20:47:12

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  Le Maire says French 2018 GDP should exceed 1.7% expectations

  French fin min Le Maire out on the wires 15 Jan - 2017 growth close to 2% - US tax policy is "aggressive" - see[...]
  2018-01-15 20:47:12

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