Month: June 2018

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  USD/CAD touches session low as the loonie pulls ahead on the day

  The Canadian dollar is the best performing major currency at the moment The loonie catches a bid ahead of the US trading session as USD/CAD[...]
  2018-06-05 13:15:36

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  EUR/USD struggles to stay above 1.1700, flirts with 200-hour moving average again

  EUR/USD trading near the lows in a slow start to the day The pair failed to break above the 1.1700 handle in yesterday's close, and[...]
  2018-06-05 13:15:36

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  GBP/JPY continues its struggle to hold above the 100-hour moving average

  GBP/JPY buyers are finding it difficult to break the near-term bearish hold The pair managed to break free of the 100-hour MA (red line) yesterday[...]
  2018-06-05 13:15:36

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  EUR/USD continues tug of war near the 1.1700 handle

  Buyers are holding the near-term bullish bias but is failing to extend the momentum Trading since Thursday has been relatively subdued with the pair basically[...]
  2018-06-05 13:14:07

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  Chart of the Day EUR/JPY: Ready and prepared for risk off

  EUR/JPY I was tempted to put Trump's twitter feed up as chart of the day here, since he arguably gave the best trade for the[...]
  2018-06-05 13:14:07

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  June forex seasonals: US dollar has a hiccup

  Forex seasonal trades for June 2018 The US dollar has a lot going for it. The economy is solid with a tax-cut tailwind and a[...]
  2018-06-05 13:14:07

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  WTI crude continues to flirt with the year-long trendline

  WTI consolidates above support The Baker Hughes rig count data at the top of the hour will likely show the continued march higher in US oil[...]
  2018-06-05 13:14:07

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  Cable moves towards a test of the 200-hour moving average ahead of US jobs data

  GBP/USD touches a session high of 1.3328 Sterling is the best performing major currency at the moment, as traders push cable higher following a break[...]
  2018-06-05 13:14:07

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  USD/JPY rises to session high, closes in on 200-hour moving average

  The market is doing all sorts of weird things today While commodity currencies are pinned down due to fears of the trade rhetoric escalating, USD/JPY[...]
  2018-06-05 13:14:07

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  Moody's says China's faster pace of change in the economy' structure is credit positive

  Moody's report, "Government of China: Change in China's economic structure is gathering pace, a credit positive"
  2018-06-05 11:26:40

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