Month: June 2018

• 
  Cable continues march higher after break of 200-hour moving average

  GBP/USD touches a high of 1.3310 on the day The pair is looking to hold a break above the 1.3300 figure level now, with resistance[...]
  2018-06-26 06:22:28

---

• 
  Dollar bulls defend key near-term level from breaking

  Dollar index hangs on at the 200-hour moving average And that is a vital defense so far, as a break below the 200-hour MA (blue[...]
  2018-06-26 06:22:28

---

• 
  The AUD is the strongest. The JPY is the weakest as NA traders enter for the day

  USD is lower as stocks look to rebound The AUD and the NZD (risk on currencies) are the strongest today. The JPY and USD are[...]
  2018-06-26 06:22:28

---

• 
  Euro tops 1.17 as it continues to show life

  Euro nearing 50% retracement of June 13 tumble The euro is slowly shaking off the post-ECB crash. Looking at this week's , it seems that[...]
  2018-06-26 06:21:07

---

• 
  It's from bad to worse for gold as death cross forms

  50-day moving average falls below 200-dma On the face of it, today should be a better day for gold. The US dollar is down against[...]
  2018-06-26 06:21:07

---

• 
  S&P 500 falls to session low, is now negative for the month

  June's gain erased It turns out selling in May was the right strategy after all -- or at least in mid-June. Today's decline in the[...]
  2018-06-26 06:21:07

---

• 
  USD/JPY: Focus on trade keeps sellers in control

  USD/JPY trades near the lows for the day at 109.48 now Last Friday, buyers failed at an attempt to break above the 100-hour MA (red[...]
  2018-06-26 06:21:07

---

• 
  Chart of the Week: AUD/NZD. NZD tipped to be on hold on Wednesday

  AUD/NZD It was the 14th of May where   I then had another . So, here we are again at the end of June and[...]
  2018-06-26 06:21:07

---

• 
  USD/CAD looks to make another run above the 1.3300 handle again

  USD/CAD touches a high of 1.3309 during the session The dollar is staying well bid in European trading today as it extends gains against other[...]
  2018-06-26 06:21:07

---

• 
  EUR/USD withstands test of 200-hour moving average for now

  The low for the day is at 1.1629 The pair is now testing the 200-hour MA (blue line) @ 1.1630 in the past hour or[...]
  2018-06-26 06:21:07

---