Month: July 2018

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  BoA on EUR/USD - forecasting 1.12

  Bank of America Merrill Lynch strategists in client note EUR/USD forecasts: - 1.12 in Q3 - 1.14 in Q4 (previously at 1.20) Citing: - trade[...]
  2018-07-02 07:29:21

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  Banks shifting to a little more bullish USD - snippets

  I posted on BoA/ML here: More, HSBC, Barclays, Morgan Stanley -  all noting a slightly more bullish USD sentiment - against back drop of worries[...]
  2018-07-02 07:29:21

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  ForexLive Asia FX news wrap: German political tensions persist

  Forex and Bitcoin news for Asia trading Monday 2 July 2018 German politics dominated early, this was the final post, it contains links to the[...]
  2018-07-02 07:29:21

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  Economic data coming up in the European session

  It's manufacturing PMI day in Europe Good day, everyone! Hope you all had a good weekend as we kick start the new month, quarter, and[...]
  2018-07-02 07:29:21

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  WTI crude hits a fresh three-year high above $73.00

  The rally in oil continues Crude was down for most of the day but turned in the last couple hours and just jumped above yesterday's[...]
  2018-07-02 06:22:33

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  Speaking of caught in a range. The USDCAD is in one.

  Seller making a play below the 200 hour MA.  Can the price stay below the 200 hour MA now? Caught in a up and down[...]
  2018-07-02 06:22:33

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  GBPUSD rebounds to the lows from last week

  Break below the 100 week MA, could not be sustained In an earlier post, I told of the 100 week MA in the GBPUSD at[...]
  2018-07-02 06:22:33

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  AUDUSD's fall below the May 2017 low failed yesterday. Today that level held.

  Trades mid range currently The AUDUSD fell below the May 2017 low yesterday and failed after a 5 pip break.  Today, that level (at 0.73287)[...]
  2018-07-02 06:22:33

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  NZDUSD trades at new session low but tests a support target.

  Trades at the lowest level since May 29, 2016 Looking at the weekly chart below, the NZDUSD is trading at the lowest level since May[...]
  2018-07-02 06:22:33

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  European stocks close lower in trading today

  10 year yields mixed The European stocks are closing lower. With the declines today, Germany, Spain and Italy have fallen into correction territory (down more[...]
  2018-07-02 06:21:06

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