Day: April 23, 2018

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  Goldman Sachs on the strong resistance ahead for USD/JPY (Elliot Wave chart)

  ArticleBody Goldman Sachs technical analysis piece (Elliot Wave) on the yen This is from a weekend GS note, but its a longer-term look at the[...]
  2018-04-23 01:14:11

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  USDJPY treads water as Trump and Abe meet

  ...and play golf . The technical bias a little more bearish below the 100 and 200 hour MAs Pres. Trump and Japan PM Abe are[...]
  2018-04-23 01:14:11

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  The NZDUSD sitting on the trading fence technically

  Traders are trying to make up their minds The NZDUSD in US trading, fell below the 200 hour MA (green line in the chart below)[...]
  2018-04-23 01:14:11

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  USDJPY moves up to test hourly MAs

  Pair moves toward 100 hour MA , the USDJPY traded up and down yesterday but failed on the break above the 100 hour MA.  As[...]
  2018-04-23 01:14:11

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  Japan Nikkei gets an early boost higher off the better US markets

  Up 1.17% on the day Japan's Nikkei is up 266 points or 1.22% in early trading. The move higher comes on the heels of some[...]
  2018-04-23 01:14:11

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  US 10-year yields rise above the February high

  That's trouble US 10-year yields are up 4.5 bps to 2.955%. That's fractionally above the February high and sure to cause increasing jitters in broader[...]
  2018-04-23 01:14:06

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  USD/JPY tests the mid-February high and then backs off

  USD/JPY shrugs off stock market weakness It's a push-and-pull with USD/JPY on most days. Today it's weakness in the stock market trying to push it[...]
  2018-04-23 01:14:06

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  Canadian dollar falls to the lowest since April 8 on soft retail sales and inflation. What's next

  Canadian dollar slumps The Canadian dollar is lower for the third consecutive day after disappointing data on retail sales and inflation. That has pushed USD/CAD[...]
  2018-04-23 01:14:06

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  GBP/USD continues sells off with a dovish Carney

  Carney has the wings of a dove What a bad week for the pound. Earnings, inflation and retail sales all down. On top of the[...]
  2018-04-23 01:14:06

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  When life imitates comedy, you end up with a vomiting camel

  There's always someone who takes the joke seriously Drawing funny things on technical analysis charts is, well, funny. Forget trendlines and moving averages, you need[...]
  2018-04-23 01:14:06

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