Month: July 2018

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  AUD/USD backs off a little to stay close to 0.7400

  The high today touched 0.7425 From the hourly chart, Friday's high of 0.7416 appears to be the resistance level that is holding the pair back[...]
  2018-07-06 06:22:45

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  Chart in focus: GBP/AUD. UK manufacturing coming up, 70% chance of hike

  SWING TRADE POSSIBILITY The market is in a state of flux. Yesterday the PBOC came out and said that they would not be pursing a[...]
  2018-07-06 06:22:45

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  EUR/USD back near the highs again to start the session

  EUR/USD closes in on the highs at 1.1679 The dollar is staying weaker across the board and fresh lows against the yuan is seeing the[...]
  2018-07-06 06:22:45

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  Buyers defend near-term bullish bias as gold continues to move higher

  Gold looks for a second straight day of gains As the dollar stays offered today, gold is once again benefiting from that as bullion prices[...]
  2018-07-06 06:22:45

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  Dollar index closes back in on the 200-hour moving average

  The greenback bounces higher on the day I'm not seeing or hearing of any reason for the jump here apart from possibly thin trading, but[...]
  2018-07-06 06:22:45

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  AUD/USD consolidates near key near-term levels, what's next?

  AUD/USD price action encounters a pause from holiday-thin trading The pair continues to consolidate around the 100-hour (red line) and 200-hour (blue line) moving averages[...]
  2018-07-06 06:21:07

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  EUR/USD climbs to session high as the euro catches a bid

  EUR/USD touches a high of 1.1687 The euro got a bit of a jolt overnight from this ECB report , and we're starting to see[...]
  2018-07-06 06:21:07

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  GBP/AUD: Second bite of the cherry.

  Swing trade for GBP/AUD and has set the tone for a BOE August rate hike. It was a  70% chance yesterday, and a 71% chance[...]
  2018-07-06 06:21:07

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  EUR/USD pushes above 1.1700 to new session highs

  Dollar is lower across the board too EUR/USD touches a high of 1.1711 on the day as the dollar weakens a little on the back[...]
  2018-07-06 06:21:07

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  Will the third time be the charm for EUR/JPY buyers?

  EUR/JPY upside stalls at 129.50 for the third time during the last week A push higher in the pair would appear to need EUR/USD also[...]
  2018-07-06 06:21:07

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