Month: July 2018

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  NZD/USD buyers set for key near-term test

  NZD/USD closes in on a test of the 200-day moving average If buyers manage to find a way to break above that, then the near-term[...]
  2018-07-06 06:21:07

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  The EUR is the strongest. The JPY is the weakest as NA trader enter

  The USD is weaker on risk off flows ADP will be released shortly   The ranges for the day are light today.  The USDCAD has[...]
  2018-07-06 06:21:07

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  USDJPY dips modestly after softer ADP report

  100 hour MA stalls the rally today, but so does the 200 hour MA. The ADP employment report came in a touch weaker than expectations[...]
  2018-07-06 06:21:07

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  EURUSD tests last weeks highs/61.8% retracement

  Runs higher on technical holds and breaks today The EURUSD just tested the 61.8% of the move down from the June 14th high at 1.1719[...]
  2018-07-06 06:21:07

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  GBPUSD falls back toward swing area support

  Watching 1.1303-16 area German news on Brexit plan That has the pair back down testing a swing area in the 1.3203-16 area. That area had[...]
  2018-07-06 06:21:07

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  NZDUSD tests the buyers resolve

  Back below 200 hour MA but above trend line break The move higher took the pair above a topside trend line to the 200 hour[...]
  2018-07-06 06:21:07

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  Buyers look to defend near-term bullish bias in cable after UK data beat

  GBP/USD rises to a high of 1.3207 after the UK services and composite PMI beats The data release was a solid one as the services[...]
  2018-07-06 06:21:07

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  Merkel says she'd back cuts in EU tariffs on cars

  German chancellor Angela Merkel touching on trade related issues - Cuts not just for the US, but for other countries too - Still working on[...]
  2018-07-05 19:31:01

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  US ADP employment is coming up next

  ADP employment due up next The US employment survey from ADP is due at 8:15 am ET (1215 GMT). The market is more focused on[...]
  2018-07-05 19:31:01

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• 
  The EUR is the strongest. The JPY is the weakest as NA trader enter

  The USD is weaker on risk off flows ADP will be released shortly   The ranges for the day are light today.  The USDCAD has[...]
  2018-07-05 19:31:01

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