Month: June 2018

• 
  Goldman Sachs raises Q2 GDP forecast to 4.1% from 3.9% previously

  Cite trade deficit Goldman Sachs has raised their Q2 GDP forecast to 4.1% from 3.9%. The increase is on the back of the US trade[...]
  2018-06-27 19:27:07

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  Fed's Quarles says he can't see the advantage of a nation issuing crypto

  Fed's Quarles weighs in on cryptocurrencies Nothing groundbreaking here. Bitcoin is down $80 today but holding right at the critical $6100 area after a dip[...]
  2018-06-27 19:27:07

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  WTI crude extends gains and tops $70 per barrel

  Moves above $70 for the first time since May 25th The price of crude oil is trading above the $70 for the first time since[...]
  2018-06-27 18:23:30

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• 
  What trade war? USD/JPY climbs to the best levels of the week

  USD/JPY busts through 110.00 Equities and USD/JPY are tied at the hip today. The stock market is slowly feeling better and that's underpinning a bid[...]
  2018-06-27 18:23:30

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• 
  Cable falls to the lowest since Thursday

  Bounce from 1.31 halted Cable just can't seem to get going. It's been a painful slide from 1.44 in April down to 1.3200 currently. Bounces[...]
  2018-06-27 18:23:30

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• 
  EURUSD tests 100 hour MA/38.2% retracement

  Range extends down to support target The EURUSD fell with momentum through the trend line and in the process did extend the range to the[...]
  2018-06-27 18:23:30

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• 
  USDJPY stalls at 200 day MA. Back below 200 hour MA and 50%

  Friday's high stalled at the level too The USDJPY reached a peak today at 110.209. The 200 day MA is at 110.199. Sellers entered against[...]
  2018-06-27 18:23:30

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• 
  USD/JPY just can't shake off the 110 tag

  The pair continues to pivot around the 110.00 level today After an earlier track to the highs of 110.21 early in the day, the pair[...]
  2018-06-27 18:23:30

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• 
  EUR/USD tests near-term support levels ahead of European markets open

  EUR/USD falls to a low of 1.1640 on the day, tests the 100-hour MA again The range today remains relatively narrow - only 24 pips[...]
  2018-06-27 18:23:30

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• 
  Chart in focus: NZD/JPY. It's a confidence thing.

  NZD/JPY The Asian session saw the yuan being fixed at low levels not seen since December 2015, as  This appears to be the latest  tactic[...]
  2018-06-27 18:23:30

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