Month: June 2018

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  EUR/USD climbs to highest levels since 14 June

  The euro is up against the dollar to levels last seen since the ECB meeting That is also helping to give cable a lift on[...]
  2018-06-26 06:21:07

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  GBP/USD: Buyers look to seize back near-term control

  Cable trades near the highs for the day, benefiting from a jump in the euro The latest move in the last hour saw cable jump[...]
  2018-06-26 06:21:07

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  AUD/USD slides as risk trades weigh

  AUD/USD nears 74-cents The Australian dollar is feeling the weight of the poor tone in global equity markets. The US plan to add to Chinese[...]
  2018-06-26 06:21:07

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• 
  The GBPUSD trades around the 200 hour MA after fall stalls

  Rally off BOE stalled near 100 bar MA on 4-hour chart Yesterday the BOE moved closer to hiking rates (but not guaranteed yet). The price[...]
  2018-06-26 06:21:07

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  The AUD remains the strongest. The CAD is the weakest as London traders exit

  10 year yields in Europe end mixed.   As London traders exit for the week, the AUD is the strongest. The CAD is the weakest.  The[...]
  2018-06-26 06:21:07

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• 
  The USDMXN has reached MA target

  200 bar MA on the 4-hour chart tested The Bank of Mexico raised rates by 0.25% yesterday and the move (and comments) helped to nudge[...]
  2018-06-26 06:21:07

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• 
  WTI crude oil touches the best levels of June. What's next

  Oil up nearly 5% after OPEC decision OPEC will be pumping an additional 800k barrels per day starting soon but that wasn't as much as[...]
  2018-06-26 06:21:07

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  EURUSD looks to close near the highs after double bottom. What does that say for the trading plan next week?

  Will be using the 1.1661-904 as a dividing line This week in the EURUSD, the pair continued a little lower from the tumble of the[...]
  2018-06-26 06:21:07

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• 
  USDCAD up sharply after miss on data

  Trades at highest level since June 13th The USDCAD has moved up sharply after the data misses in CPI and retail sales.  The expectations for[...]
  2018-06-26 06:21:07

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• 
  EURUSD extends the range for week. Above the 200 hour MA.

  Not a smooth extension but buyers trying... The EURUSD moved above the 100 hour MA yesterday (blue line). Earlier in the week, the pair failed[...]
  2018-06-26 06:21:07

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