Month: July 2018

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  ForexLive Asia FX news wrap: PBOC sets CNY lower again

  Forex and Bitcoin news for Asia trading Wednesday 25 July 2018 The  People's Bank of China cracked 6.8 at today's reference rate setting for USD/CNY,[...]
  2018-07-25 07:27:07

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  A heads up for US political developments

  This might be something to keep an eye although when the news broke it had pretty much zero impact on financial markets here CNN published[...]
  2018-07-25 07:27:07

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  The hump day European session is underway

  Down the hump we go Let's do this. Thanks Eamonn for running through the Asian session. It was quite a busy one with the BOJ[...]
  2018-07-25 07:27:07

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  Upcoming European session data to keep an eye on

  Fairly light again We have a fairly light economic calendar for the session, featuring only low and medium tier releases: - CHF Credit Suisse Economic[...]
  2018-07-25 07:27:07

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  EURUSD down on the day. Below trend lines.

  High took out last week's high and failed The EURUSD is lower on the day (below 1.1720). It failed on the break of last week's[...]
  2018-07-25 06:23:32

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  Be aware, the NZDUSD is getting close to 100/200 hour MA

  Lots of ups and downs in July The NZDUSD is lower with the general dollar strength today.  IN the process, the pair is moving closer[...]
  2018-07-25 06:23:32

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• 
  The USDCHF sellers tried to push to the lower extremes but failed

  Retraces some of the declines from last week Like the other majors, the dollar is modestly rebounding today after the dollar declines on Trump comments[...]
  2018-07-25 06:23:32

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  New session high for the USDCAD

  Tests 200 hour MA and 38.2% retracement The USDCAD is following a stronger dollar and in the process is back up testing the 200 hour[...]
  2018-07-25 06:23:32

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  GBPUSD dips on BOE Broadbent comment

  Falls to 100 hour MA The price moved to 1.30786. The 100 hour MA is at 1.30738 (blue line) and was a target .   The[...]
  2018-07-25 06:23:32

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  EURJPY tests the 100 day MA. Trades above and below MA today.

  100 day MA at 130.239 The EURJPY is testing the 100 day MA at 130.239. That MA has seen the price trade above and below[...]
  2018-07-25 06:23:32

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