Month: April 2018

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  Stocks pare losses. S&P is back above 200 day MA.

  Major indices still in the red The major indices are recovering some ground after the sharp declines at the opening.  The S&P index is trading[...]
  2018-04-06 13:14:18

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  US treasuries erase their earlier gains. Yields higher on the day.

  Stock recovery a focus The markets remain volatile and tied to the ebbs and flows in the stock markets. They are recovering with the S&P[...]
  2018-04-06 13:14:18

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  A tough nut to crack: The USDCHF tests a tough resistance level at 100 day MA /50% retracement

  Look for some profit taking Be aware... The USDCHF is testing a key level defined by the 100 day MA and the 50% of the[...]
  2018-04-06 13:14:10

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  EURUSD orders 4 April - Sellers prevailing still

  Currently 1.2260 near session lows after failing into 1.2300 Initial demand nearby around 1.2250 then more into 1.2230/1,2200. Offers/res 1.2285 and 1.2300 A few option[...]
  2018-04-06 13:10:21

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  Moody's says US-China uncertainty may have economic impact beyond direct trade channels

  Some comments by Moody's in a statement A general overview of the situation a la Moody's. Well, the reported measures up until now are not[...]
  2018-04-06 11:25:16

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  ForexLive Asia FX news: Trade war fears reignite, not for too long

  Forex and Bitcoin news for Asia trading Friday 6 April  2018 The session kicked off some volatility after a subdued early twilight zone with the[...]
  2018-04-06 11:25:16

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  Economic data coming up in the European session

  A preview of what's to come in European trading later Howdy, everyone! Hope you're all doing well as we close out the final trading day[...]
  2018-04-06 11:25:16

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  China's door for trade negotiation still open - Xinhua commentary

  Xinhua News Agency in response to Trump's proposal of $100 bn worth of additional tariffs to be levied against China Not official words from the[...]
  2018-04-06 11:25:16

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  SMBC says BOJ may need to alter its policy if Trump complains about the yen

  According to Hidenori Suezawa, the chief fixed-income strategist at SMBC Nikko Securities Suezawa says that if the US accuses the BOJ of guiding the yen[...]
  2018-04-06 11:25:16

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  Cable slips below 1.4000, eyes retest of nearby support level

  GBP/USD falls to a low of 1.3995 on the day The range is still relatively narrow so far - only 27 pips but cable is[...]
  2018-04-06 11:25:08

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