Month: July 2018

• 
  USD/JPY falls to lowest since July 8. Support breaks

  Not a great picture in USD/JPY The Bank of Japan meeting next week is quickly shaping up to be a major market event. The chatter[...]
  2018-07-30 06:25:17

---

• 
  USD/CAD falls to six-week low

  USD/CAD likes the tone of the tariff talks USD/CAD is now down more than a cent on the day to 1.3050. That breaks support from[...]
  2018-07-30 06:25:17

---

• 
  EURUSD moves to new session highs after concessions from EU

  EU trade concessions to the US and averts a trade war according to report There is a report that the EU has made concession to[...]
  2018-07-30 06:25:17

---

• 
  AUDUSD breaks on "risk on" flow after EU concessions

  Now can EU and US pressure China to get in line The EU and US seem to have come to an agreement about trade concessions[...]
  2018-07-30 06:25:17

---

• 
  EURUSD initial reaction is higher on data/Draghi, but coming back off

  Technically, the 100 hour MA remains a support level The EURUSDs initial reaction is higher on the data and the comments from Draghi.  Durable goods[...]
  2018-07-30 06:23:31

---

• 
  USDJPY back up to unchanged on the day

  Closed at 110.96 The USDJPY is pushing toward the 111.00 level and in the process, has moved to the close from yesterday at 110.96 area.[...]
  2018-07-30 06:23:31

---

• 
  US stocks are opened mixed as Nasdaq gets hammered on FB plunge

  Dow up, S&P and Nasdaq down The US stocks are mixed with the Nasdaq getting hammered on Facebooks plunge (down -18.02%). 
  2018-07-30 06:23:31

---

• 
  GBPUSD breaks trend line. Tests 100 hour MA.

  200 hour MA below  The GBPUSD has broken below a trend line on the hourly chart at 1.3166 now. The price fall has moved to[...]
  2018-07-30 06:23:31

---

• 
  AUDUSD "risk on" break on US/EU yesterday is all erased today (and more). USD on the rise.

  Tumbling lower . The AUDUSD rose on "risk on" flows yesterday after US/EU relations improved.  That run higher sent the price above a swing area[...]
  2018-07-30 06:23:31

---

• 
  Heads up for larger FX options expiring in the early part of next week

  I posted expiry data here earlier:  for today MONDAY 9 JULY  - 1.1600 EUR 1.2bn  - 0.7350 AUD 1.1bn   ForexLive
  2018-07-30 02:48:05

---