Month: July 2018

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  EUR/USD touches session low as sellers eye key near-term break

  Dollar bulls look to crack below the 100-hour moving average ForexLive The pair touches a low of 1.1706 now, with bids at the 1.1700 handle[...]
  2018-07-12 06:22:43

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  USDJPY spikes higher. Trades at highest level since January 12th

  Cracks above the Jan 18 and May swing highs The price of the USDJPY has made a run higher and in the process is cracking[...]
  2018-07-12 06:21:07

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  USDJPY shoots even higher. Extending toward 112.00 target.

  Trades up to 111.78. The price of USDJPY has shot even higher - trading at new session highs and looks toward the next target at[...]
  2018-07-12 06:21:07

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  USD/JPY breaks the May high and keeps on truckin'

  USD/JPY now up 77 pips The rally in USD/JPY today is about a few things: But I would argue that it's mostly a technical move[...]
  2018-07-12 06:21:07

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  EURUSD moves toward support targets

  Sellers are back in control... The EURUSD is continuing its move lower with the trend line at 1.1697, the 200 hour MA at 1.1692 and[...]
  2018-07-12 06:21:07

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  WTI crude sinks to the lowest since June 27

  What big draw? Today's oil news was a massive 12633K in US oil inventories but after a momentary spike on the headlines, the selling has[...]
  2018-07-12 06:21:07

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  USDCNH traders expect a weakening of the CNY. Helped by the strong dollar today.

  Fixed the currency at 6.6234 earlier in the day.  The PBOC set the USDCNY at a rate of 6.6234 at the daily fixing today. The[...]
  2018-07-12 06:21:07

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  Crude oil tumbles despite huge drawdown. Slower growth, potential tariffs cited

  Down -$3.73 on the day The price of crude oil has moved sharply lower in trading today. The price settled at $70.38, down -$3.73 or[...]
  2018-07-12 06:21:07

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  Gold trades down and looks to test trend line support/2018 low

  $1241 trend line and low from earlier at $1238 The price of gold is trading down about -$12 at $1243.42 currently. The fall takes the[...]
  2018-07-12 06:21:07

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  AUD/JPY: Sellers continue to knock on the door of a downside extension

  AUD/JPY is down 0.6% in trading today ForexLive The low today touched 82.07 and tested the 38.2 retracement level @ 82.12 before bouncing back up.[...]
  2018-07-12 06:21:07

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