Month: June 2018

• 
  Cable hovers near seven-month lows with BOE in focus

  The pound is the major currency to eye in trading today If yesterday's failed attempt to get above the 1.3200 is any indicator, is that[...]
  2018-06-21 18:23:42

---

• 
  Chart in focus: GBP/USD. Space to fall on dovish MPC

  GBP/USD The GBP/USD chart is a interesting one. Justin reported earlier that the majority of economists interviewed by . 55% of those see a rate[...]
  2018-06-21 18:23:42

---

• 
  Dollar index continues its march to highest levels since July 2017

  Looks to find a firm break above the October high at 95.15 now The dollar is having a bright start to the session, as it[...]
  2018-06-21 18:23:42

---

• 
  USDJPY tests 200 day MA (and other levels). Key test.

  200 hour MA, 50% and trend line all being tested The USDJPY is back trading near NY session highs, and in the process is now[...]
  2018-06-21 18:23:42

---

• 
  NZDUSD tries to keep a lid on the pair below "break" area.

  Stay below 0.6881-837 The NZDUSD has broken below a floor at 0.6881-837 today, and for the most part has been able to stay below for[...]
  2018-06-21 18:23:42

---

• 
  USD/JPY climbs to session high as stocks rally

  USD/JPY up a quarter cent USD/JPY climbed above 110.30 to the best levels of the day as risk appetite improves. The S&P 500 is up[...]
  2018-06-21 18:23:42

---

• 
  USD/CAD hits another one-year high

  12-cent drop erased At this time last year, USD/CAD was in the midst of a swan dive as the Bank of Canada made a surprise[...]
  2018-06-21 18:23:42

---

• 
  USDJPY higher on the day now, with key cluster of resistance ahead

  200 hour MA and 200 day MA/50% ahead The USDJPY is moving back higher on the day after an early push lower found buyers.  [...]
  2018-06-21 18:23:42

---

• 
  USDCAD remains in the middle of a channel, and in a narrow trading range today.

  Double top at 1.3310 The USDCAD is trading up and down in a narrow trading range.  The pair is also trading in a channel. The[...]
  2018-06-21 18:23:42

---

• 
  EURUSD and GBPUSD back off from topside target resistance

  100 hour MA stalled the rally. GBPUSD stalled near swing area target The EURUSD moved to the 100 hour MA (blue line in the chart[...]
  2018-06-21 18:23:42

---