Month: June 2018

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  Economic data coming up in the European session

  Lack of key releases today may lead to a subdued trading day Good day, everyone! Hope you're all doing well as we get into the[...]
  2018-06-15 07:27:06

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  Falling bond yields pile on more misery for the aussie this week

  The Australian dollar is the weakest performing major currency on the week And this despite the euro's fall-off-the-cliff moment yesterday. Against the greenback, the aussie[...]
  2018-06-15 07:27:06

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  AUDUSD moves back toward... now above the 100 hour MA.

  Tested and held the MA yesterday The AUDUSD fell sharply yesterday - cracking below a trend line in the NY afternoon session on dollar buying.[...]
  2018-06-15 06:22:43

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  EURUSD moves to new session highs. Range still narrow on the day.

  44 pip range now The EURUSD has moved to a new session high (not all that influenced by the higher PPI data). The high is[...]
  2018-06-15 06:22:43

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  USDJPY wanders back lower. Still up on the day, but losing momentum.

  Falls below trend line on the hourly chart. The USDJPY is wandering back lower.  It trade at new NY/London session lows at 110.41, but remains[...]
  2018-06-15 06:22:43

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  USDCAD looks to test a cluster of target support

  Trades to new session lows The USDCAD is moving lower and trades at new session lows.   There was minor home price data earlier today, but[...]
  2018-06-15 06:22:43

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  GBPUSD moves back to unchanged on the day

  Working on a lap back higher after early run lower. Looks to test MAs? The GBPUSD has nearly completed a lap back to the upside,[...]
  2018-06-15 06:22:43

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  EUR/USD holds steady ahead of European trading

  The pair trades around the 1.1800 figure level And is up by about 0.1% on the day currently. The FOMC decision yesterday saw the dollar[...]
  2018-06-15 06:21:11

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  Chart of the Day: AUD/JPY. Weak AUD data and China Tariffs.

  AUD/JPY Australia's economy will be affected by a trade 'spat' (war seems too overstated these days , with President Trump seemingly 'fighting' most countries on[...]
  2018-06-15 06:21:11

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  US dollar moves higher after the Fed raises rates, and sees 2 more hikes

  Employment target falls, GDP growth higher. Inflation forecast higher The Fed raised rates by 25 bps (1.75% -2% target range) and also now projects 2[...]
  2018-06-15 06:21:11

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