Month: June 2018

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  EURUSD backs away from 50%/100 bar MA on 4-hour chart

  Swing levels also give sellers a reason to sell, but some support at broken neckline is now eyed at 1.1720 area. THE EURUSD is higher[...]
  2018-06-04 19:25:06

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  BOC's Poloz is upbeat on investment despite NAFTA uncertainty

  Poloz did the media rounds on the weekend USD/CAD is down a quarter-cent to start the week as the US dollar loses ground across the[...]
  2018-06-04 19:25:06

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  USDJPY waffles between retracement levels today (and some MAs too)

  Little changed from Friday's trading The USDJPY is waffling between retracement levels today (and 4-hour MA levels too).  The 50% of the move down from[...]
  2018-06-04 19:25:06

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  GBPUSD trades to new NY/London session lows and goes in the red

  Trades below the Friday close The GBPUSD closed at 1.3345 on Friday. The London session low was at 1.33459. The price just fell below that[...]
  2018-06-04 19:25:06

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  USDCHF retests...now breaks....the 100 hour MA

  Can the other resistance targets now be broken. The market traders tested the 100 hour MA in the Asian session. That MA stalled the rally[...]
  2018-06-04 19:25:06

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• 
  Nasdaq moves above all time closing high

  7588.33 high close from May taken out The Nasdaq just moved above the all time closing high price. The highest close came in at 7588.33.[...]
  2018-06-04 19:25:06

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  Beige Book: US 'expanded moderately' as manufacturing picked up

  Beige Book highlights In general, the comments are positive but the note about consumer weakness takes the shine off. Overall, I think the market needs[...]
  2018-06-04 19:19:26

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  Fed unveils proposal to ease Volcker Rule

  Details of Fed proposals
  2018-06-04 19:19:26

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  Goldman raises 2Q GDP tracker to 3.7% from 3.4% last

  A good increase and strong growth projected.  The 1Q may not have been the 3% that the Trump administration was hoping, but Goldman expects a[...]
  2018-06-04 17:15:37

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• 
  USDJPY runs into some overhead resistance but keeping most of the gains for the day

  Can it break through the overhead resistance? With the US stock market rebounding and yields also higher, the USDJPY is higher on the day. However,[...]
  2018-06-04 17:15:37

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