Month: July 2018

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  WTI cracks the 50% retracement of the June/July rally

  Half the gain is gone Where have all the oil bulls gone? Crude is down 91-cents today to $69.46 and touched $69.37 at the lows.[...]
  2018-07-12 22:09:10

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  Forex trading education: Is the trend continuing or ending? What clues can you look for...

  You have to drill into your charts to see a clearer picture of the clues for the trend A common wonder in trading is when[...]
  2018-07-12 22:09:10

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  EURUSD retests the 200 hour MA. Key test for both buyers and sellers

  Yesterday's break lower sent the pair lower The EURUSD is back up retesting its 200 hour MA at 1.16937 (green line in the chart below). [...]
  2018-07-12 22:09:10

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  Nasdaq up over 1% on the day now at 7800. Approaches record highs.

  Leads a run higher for equities The Nasdaq has just cleared above the 7800 level and is now up 87 point or 1.13% on the[...]
  2018-07-12 22:09:10

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  Trump tweets 'very nice' letter from Kim Jong-Un

  Trump tweets letter — Donald J. Trump (@realDonaldTrump) A very nice note from Chairman Kim of North Korea. Great progress being made! July 12, 2018
  2018-07-12 22:09:10

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  US to sell $14 billion in 30-year bonds at the top of the hour

  US auction coming up The Treasury is selling 30-year bonds at the top of the hour in a reopening. These are the on-the-run 30s and[...]
  2018-07-12 22:09:10

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  US sells 30-year bonds at 2.958% vs 2.955% WI

  Results of the US 30-year bond sale This is a tad soft compared to the 2.953% they were trading at in the market. ForexLive
  2018-07-12 22:09:10

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  US June monthly budget statement -$74.9 vs -$80.0B expected

  Monthly budget statement from the Treasury - Prior was a deficit of $146.8 billion - The 12-month moving average of the deficit is at the[...]
  2018-07-12 22:09:10

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  EURUSD back to unchanged on the day

  Up and down. Stays below 200 hour MA Just sell rallies...That is what "Harry the Doom..." said....I said, ".   EURUSD retests the 200 hour MA.[...]
  2018-07-12 22:09:10

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  USDJPY keeps the bulls in control

  Stays above the 200 bar MA on the 4 hour chart You might have to read, a long education post to understand fully, but the[...]
  2018-07-12 22:09:10

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