Month: June 2018

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  The CAD is the strongest. The CHF is the weakest as NA traders enter for the day.

  The USD is mixed but more lower The CAD is the strongest on hopes that they end up with an exemption for tariffs.  The CHF[...]
  2018-06-07 09:14:12

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  EURUSD above 50% of the last leg lower and away from MA

  Bulls making a play The EURUSD today was able to break above the 100 bar MA on the 4-hour chart. That MA stalled the rallies[...]
  2018-06-07 09:14:12

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  USDJPY tests 200 day MA. Backs off.

  It was just last week, the pair stalled at the 100 day MA The USDJPY last week tested the 100 day MA (blue line in[...]
  2018-06-07 09:14:12

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  US stocks open higher but off pre-market high levels

  Major indices open higher The US stock markets are open and the major indices are up. - The S&P is up 6.6 points or 0.25%[...]
  2018-06-07 09:14:12

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  Has the recent US dollar rally reached its peak?

  Dollar index backs off after failure to hold a break above 95.00 The greenback has been on a tear since mid-April but the recent rally[...]
  2018-06-07 09:14:12

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  USD/JPY: Buyers hold above 110.00, but more work needs to be done

  USD/JPY cracks the 110.00 figure level but doesn't break out The 110.00 level is more psychological than anything else but is a key area of[...]
  2018-06-07 09:14:12

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  GBP/JPY runs into cluster of resistance levels, upside move stalls

  GBP/JPY touches a high of 147.98 on the day and then backs off a little The pair continues to trade near the highs for the[...]
  2018-06-07 09:14:12

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  Chart of the Day: AUD/NZD. Aussie Q1 GDP beat and divergence

  AUD/NZD Yesterday I posted about this chart and how I favoured a . One of the key risks to the trades was Australian Q1 GDP.[...]
  2018-06-07 09:14:12

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  UK Times with update - "May said to keep Brexiteers in the dark about backstop plan"

  The UK Times with the report ahead of the voting next week, says the Prime Minister keeping the leavers in the dark  I'll try to[...]
  2018-06-07 07:26:48

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  Australian Trade balance for April due Thursday 7 June 2018 - more preview

  April trade surplus (!) from Australia due at 0130GMT on Thursday 7 June 2018   balance Earlier preview here: In brief, via Westpac, the bank[...]
  2018-06-07 07:26:48

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