Month: July 2018

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  Weekly recap: EUR/USD is the dish of the day

  Recap and EUR/USD  ,as expected, and is approaching a first obvious target at daily resistant levels. I have my TP level set for 1.0925 and[...]
  2018-07-02 18:23:44

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  Dollar steadies as buyers win the near-term battle for now

  But sellers are still winning the war The dollar index is down by more than 0.4% on the day, as sellers drive the greenback lower[...]
  2018-07-02 18:23:44

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  Cable retreats from highs as key resistance levels hold

  GBP/USD backs off after failing to break the 100-hour moving average The 50.0 retracement level of the recent downswing at 1.3182 also provides an added[...]
  2018-07-02 18:23:44

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  The EUR is the strongest. The JPY is the weakest as NA traders enter for the day.

  USD weaker. Its Friday. It is the last trading day of the quarter.  The EUR is the strongest while the JPY is the weakest as[...]
  2018-07-02 18:23:44

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  EURUSD consolidates near highs of day.

  Intraday bias more bullish technically The EURUSD moved sharply higher on the back of the immigration agreeement reached in the Asian session. That momentum took[...]
  2018-07-02 18:23:44

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  GBPUSD stalls at key resistance today. Consolidates.

  What stalled the rally? The GBPUSD has moved sharply higher today after trading at the lowest level since November 3, 2017. The fall yesterday took[...]
  2018-07-02 18:23:44

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  USDJPY moves above a trend line on the daily chart

  Trend line broken at 110.69. The USDJPY is trading at a new session high and in the process is moving above a trend line on[...]
  2018-07-02 18:23:44

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  EURUSD moves to new highs into the London fixing.

  Tests 100 bar MA on the 4-hour The EURUSD is moving to new session highs as the London fixing is minutes away. IN the process,[...]
  2018-07-02 18:23:44

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  GBPUSD moves above 100 hour MA/50% and 200 hour MA

  Rally into the next target area The GBPUSD also had a run higher into the London fixing.  It is up 1% on the day now[...]
  2018-07-02 18:23:44

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  Trump on trade: The EU is possibly as bad as China, only smaller

  US President Trump in an interview broadcast on State TV Fox  Get set for another tumultuous week on trade headlines folks. If you are long[...]
  2018-07-02 07:31:20

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