Month: January 2018

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  Forex technical analysis: NZDUSD holds 200 day MA and 100 hour MA and runs higher

  The break above ceiling at 0.7129 also gives the pair a boost. The NZDUSD fell off the better US data today, but the fall could[...]
  2018-01-09 06:23:16

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  Forex technical analysis: EURUSD hangs just above 100 hour MA before US jobs

  Market is waiting for the numbers The EURUSD moved to within 4 pips of the 2017 high at 1.2092 yesterday and backed off.  In a[...]
  2018-01-09 06:23:09

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  USD/CAD craters after sizzling Canadian employment report

  USD/CAD falls more than a full cent The Bank of Canada is likely to hike rates on January 17 after a surprise jump in Canadian[...]
  2018-01-09 06:23:09

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  USDCAD tumbles after back to back 79K job gains

  Change in employment of 78.6K and 79.5K in back to back months helps to send the loonie higher (USDCAD lower). Forget about the US jobs[...]
  2018-01-09 06:23:09

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  Forex technical analysis: EURUSD can't break the ceiling. Backs off.

  Employment report not so bad... The EURUSD rallied on the numbers but the price could only get up to 1.2082 - that was just above[...]
  2018-01-09 06:23:09

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  Forex technical analysis: USDJPY choppy. JPY crosses a little soft

  EURUSD and GBPUSD head lower. Dragging EURJPY and GBPJPY lower The USDJPY is more choppy after the US jobs report. The price initially fell to[...]
  2018-01-09 06:23:09

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  Heads up. Canada and US data out at the top of the hour

  IVEY PMI. US non-manufacturing, factory orders Heads up.  At 10 AM ET/1500 GMT there is a slew of data coming out of the US and[...]
  2018-01-09 06:23:09

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  UK PM spokesman: May has been clear in her determination to secure Brexit deal

  UK PM May's spokesman, Max Blain, with some comments Nothing further from him. Just a general comment of note. Cable is at 1.3548, coming back[...]
  2018-01-08 20:47:12

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  USD/CAD continues to be pinned down as rally sellers remain in charge

  The CAD now tops the major bloc, but just by a little as dollar strength retraces a little bit The US dollar may be holding[...]
  2018-01-08 20:47:12

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  OPEC will boost output if Iran unrest, Venezuela crisis cause significant disruptions

  According to a senior OPEC official - via Reuters The comment says that they will only decide to increase output if the unrest in Iran[...]
  2018-01-08 20:47:12

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