Month: July 2018

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  The EURUSD remains on the north side of hourly MAs

  Yesterday's fall and today's dip stalled at the MA lines The EURUSD story remains the same as it was in late US trading yesterday.  The[...]
  2018-07-26 06:21:05

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  USD/CAD drops on NAFTA optimism, nears support

  Talk Trump wants a deal The Canadian dollar and Mexican peso are strong today after an earlier report that Trump sent a letter to Mexico's[...]
  2018-07-26 06:21:05

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  USDJPY remains (mostly) between channel guardrails today

  Trades between the upper and lower trend lines The USDJPY remains (mostly) between the channel trend lines. The pair did try to break above in[...]
  2018-07-26 06:21:05

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  GBPUSD trades above 200 hour MA. Buyers making a play?

  Trades above and below the 50% at 1.31592 On Monday, the price inched above the 200 hour MA but stalled at the 50% retracement. On[...]
  2018-07-26 06:21:05

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  US stocks are opening mixed

  S&P unchanged. Dow down. Nasdaq up The US stocks are opening mixed: That is mixed. Banks are lower today: They have been up lately as[...]
  2018-07-26 06:21:05

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  USDCAD breaks swing area. Now risk level.

  The 1.3107-14 is risk now The USDCAD has moved lower in trading today and in the process has pushed below a swing/floor area at the[...]
  2018-07-26 06:21:05

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  USDJPY tumbles on tariff news, hits support and bounces

  Still in the channel The USDJPY scooted lower on the head line that 200B of tariffs on autos was likely.  Well Juncker is in town[...]
  2018-07-26 06:21:05

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  EURUSD falls below the 100 hour MA and 200 hour MA

  Bias shifts Those breaks tilt the bias to more bearish for the pair at least in the intraday trading.At the high today, the price moved[...]
  2018-07-26 06:21:05

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  Australia CPI to be released in the new day. What levels in the AUDUSD should traders eye.

  CPI for 2Q estimate 0.5% vs 0.4% in 1Q The Australia CPI will be released in the new trading day with the following estimate for[...]
  2018-07-26 06:21:05

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  Forex options expiries Wednesday 4 July 2018 - not many

  These the notables, close by and of size. Just the two.  USD/JPY - 110.60 USD 385m GBP/USD - 1.3100 GBP 382m
  2018-07-26 02:48:04

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