Month: June 2018

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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[...]
  2018-06-24 07:27:06

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  EURUSD cracks the 200 hour MA after Trump tweet

  Threatens a 20% tariff on all cars The EURUSD has cracked below the 200 hour MA (green line) at 1.16418 on the threat from Pres.[...]
  2018-06-24 07:27:06

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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[...]
  2018-06-24 07:27:06

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  OPEC meeting said to be nearing an agreement - Reuters

  Citing an unnamed OPEC source Meanwhile, Bloomberg is reporting that talks haven't yet reached a final deal just yet by citing an OPEC delegate on[...]
  2018-06-23 19:28:38

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  Iraq warns against changing OPEC+ agreement

  Iraq's oil ministry comments while the OPEC meeting is going on They're saying that OPEC should be careful before altering the production agreement so that[...]
  2018-06-23 19:28:38

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  Oil remains unphased as OPEC said to have agreed on output increase in principle

  WTI is trading near the highs still, up by 1.5% on the day The Bloomberg headline earlier says that OPEC members have come to an[...]
  2018-06-23 19:28:38

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  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[...]
  2018-06-22 19:28:58

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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[...]
  2018-06-22 19:27:07

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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[...]
  2018-06-22 19:27:07

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  EUR/USD closes in on the year's low as Italian politics rear its ugly head again

  EUR/USD touches a low of 1.1514 on the day And is inches away from the year's low at 1.1510. The latest catalyst that I can[...]
  2018-06-22 18:25:24

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