Month: June 2018

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  EUR/USD climbs to session high, closes back in on 1.1600

  EUR/USD touches a high of 1.1592 on the day I'm not seeing much on the wires for the move, but it looks like this is[...]
  2018-06-18 06:23:36

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  The EUR rebounds and is the strongest. The NZD is the weakest.

  US dollar is mixed As North American traders enter for the day, the EUR has rebounded part of the declines from yesterday and is the[...]
  2018-06-18 06:23:36

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• 
  Stocks are lower in pre-market trading. Yields and USD dollar are lower

  Markets are skittish after China tarrifs It is not a surprise, but the "fact" of the $50B of tariffs on China goods has the markets[...]
  2018-06-18 06:23:36

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• 
  USDCAD moves to highest level since June 2017

  Concerns about trade, weaker manufacturing sales weighs on the pair  The USD is not falling vs. the CAD.  The pair has moved to the highest[...]
  2018-06-18 06:23:36

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• 
  EURUSD corrects some of the sharp decline yesterday

  Dollar selling gives EURUSD a boost The EURUSD has seen some buying today after the sharp fall yesterday.    Concerns about an escalation of trade[...]
  2018-06-18 06:23:36

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• 
  No flight into gold. Tumbles lower in trading today

  Delayed reaction to the dollar rise yesterday I don't put a lot of faith in intermarket relationships. For example, it is expected that if the[...]
  2018-06-18 06:23:36

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• 
  USDCAD moves into resistance area

  USD buying, oil is lower, trade concerns are helping the pair The USDCAD is trading into a swing resistance areat in the 1.3037-46 area. That[...]
  2018-06-18 06:23:36

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• 
  USDCAD tests topside trend line on the daily chart

  Find some sellers leaning against the level
  2018-06-18 06:23:36

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• 
  GBPUSD cracks lower and to new session lows on more Brexit concerns

  The pro-EU rebels reject the meaningful vote amendment The GBPUSD has moved lower as there is more anxiety on Brexit from the rejection of the[...]
  2018-06-18 06:23:36

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• 
  EURUSD trades between lower support and resistance lines

  June 1/5th swing lows is resistance above.  The June 1 low and earlier low today is the support below. The last two hours of trading[...]
  2018-06-18 06:23:36

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