Month: June 2018

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  What is the EURUSD technical story after the tumble lower today

  Corrects to the low from yesterday The EURUSD tumbled lower with the price moving below the Friday lows at 1.15425.  The low close for the[...]
  2018-06-21 06:25:12

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  No surprise here. The US stocks open with sharp declines

  Dow stocks lead the tumble No surprise. The major stock indices are opening with sharp falls. The Dow stocks are leading the way as quantitative[...]
  2018-06-21 06:25:12

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  USDCAD moves above topside trend line to new highs since June 2017.

  Trend line busted at 1.3263 The USDCAD has moved above a topside trend line on the daily chart today at 1.3263.  That level connects highs[...]
  2018-06-21 06:25:12

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  S&P below 100 hour MA. Technical targets are being approached. A break could lead to more selling.

  Trend line at 2743. 200 hour MA at 2738.54 The S&P is trading back near the lows for the day. That low comes in at[...]
  2018-06-21 06:25:12

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  AUD/USD bounces from yesterday's low, but upside still limited for now

  AUD/USD still finding it difficult to hold above 0.7400 Offers at the figure level are keeping the upside momentum in the pair capped for now.[...]
  2018-06-21 06:23:24

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  USD/JPY trades at session highs, looks to test key resistance levels again

  USD/JPY touches a high of 110.22 on the day Buyers are keeping the pair well bid above 110.00 in trading today after breaking above the[...]
  2018-06-21 06:23:24

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  Chart in focus: AUD/NZD. Pivotal moment for AUD/NZD

  AUD/NZD The trade war rhetoric between the US and China had been weighing on the AUD yesterday. Furthermore, the had added fuel to the selling[...]
  2018-06-21 06:23:24

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  USD/CAD clears the 1.3300 handle to highest levels in a year

  USD/CAD touches a high of 1.3309 on the day There isn't much of a catalyst to have sparked the move that I can see, but[...]
  2018-06-21 06:23:24

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  USDJPY rebounds as S&P fall stalls and corrects. Now both are testing targets. Key levels for traders.

  S&P stalled at lower trend line. The S&P index fell in early trading, but was able to find support against a lower trend line at[...]
  2018-06-21 06:23:24

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  GBPUSD trades to NY session high

  Back to 50% midpoint level The GBPUSD has worked it's way to a NY session high and in the process is threatening to move back[...]
  2018-06-21 06:23:24

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