Month: January 2018

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  Dollar moves a bit higher after stronger ADP employment report, but not rise limited

  USDJPY moves back toward day high. EURUSD and GBPUSD dip but rebound The USDJPY has moved higher after the better than expected ADP report. The[...]
  2018-01-08 06:23:13

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  USDJPY nearly makes it to the 100 hour MA after minutes

  The road to the target has not been a smooth one Earlier the USDJPY broke to new session highs and extended a narrow trading range.[...]
  2018-01-08 06:23:13

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  EUR/USD - what the market is waiting for, and some short-term technical analysis

  An overnight note (Global FX Strategy: Daily FX Update) via Scotiabank EURUSD failed to reach the 1.21 level by just a handful of ticks yesterday[...]
  2018-01-08 06:23:13

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  Forex technical analysis: GBPUSD back toward 1.3532

  Corrective high reaches 1.3522 so far The GBPUSD did stall around the 100 hour MA (the low reached 1.3493) and the move higher has moved[...]
  2018-01-08 06:23:13

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  Be aware. USDCAD has 100 hour MA above/triple bottom below.

  And the extremes are converging The PPI data out of Canada were higher than expected.  As a result, the price of the USDCAD has moved[...]
  2018-01-08 06:23:08

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  US stocks opening with gains. Dow trades 25K.

  Nasdaq leads again - S&P index is up 9.4 points or 0.35% at 2722.44 - NASDAQ composite index is up 28.75 points or 0.40% at[...]
  2018-01-08 06:23:08

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  Forex technical analysis: EURUSD trades at new session highs.

  Gets close to the 2017 high price at 1.2092 The EURUSD is trading at new session highs at 1.20838. In the process, the price is[...]
  2018-01-08 06:23:08

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  Forex technical analysis: JPY pairs run to the upside

  EURJPY trades at the highest level since October 2015 The JPY pairs are racing higher on the back of stock advances and a run out[...]
  2018-01-08 06:23:08

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  December non-farm payrolls +148K vs. +190K expected

  Highlighs of the December non-farm payrolls report: Wages data The wages are not showing an acceleration with the earnings coming in as expected but the[...]
  2018-01-07 20:47:10

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  Canada December employment +78.6K vs +2.0K expected

  Canadian employment data for December 2017: - was 79.5K - Unemployment rate 5.7% vs 6.0% expected - Prior unemployment rate 5.9% - Full time employment change 23.7K[...]
  2018-01-07 20:47:10

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