Month: July 2018

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  USDJPY reaches the upside target...stalls

  100 hour MA and trend line stall the rally.  Price backs off Before (): see post After: The price of the USDJPY has moved up[...]
  2018-07-31 06:21:05

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  Midday snapshot of the markets. Europe stocks up. US stocks mixed.

  London/Europe exiting London/Europe is exiting for the day. What have the markets said: Stocks:  The European major indices are ending with higher results led by[...]
  2018-07-31 06:21:05

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  Chart not looking so great for Facebook. Bias is bearish.

  Gaps below 50, 100 and 200 day MAs Needless to say, Facebook is a major story today.  The stock is down $41 or over 19%[...]
  2018-07-31 06:21:05

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  EURUSD cracks to the week's lows

  High for the day got close to the high for the week.   The EURUSD got within 6 pips of the Monday/week high. We just fell[...]
  2018-07-31 06:21:05

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  EURCHF cracking lower with the EURUSDs fall

  Helps to weaken the EUR The EURUSD is lower and so is the EURCHF. That pair stalled at the 200 hour MA earlier in the[...]
  2018-07-31 06:21:05

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  CFTC Commitments of Traders: Bets against the loonie continue to mount

  CFTC Commitments of Traders highlights for the week ending July 3, 2018: - EUR long 37K vs 34K long last week - GBP short 29K[...]
  2018-07-31 02:48:05

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  Heads up for large FX option expiries on Monday 9 July 2018

  For the 10am NY cut EUR/USDUSD/JPYGBP/USDAUD/USDNZD/USDEUR/GBP ForexLive
  2018-07-31 02:48:05

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  The euro is wound up tight ahead of Draghi's press conference

  Tightening range for the past We all know that 'through the summer' still means 'through the summer'. TD Securities even point out that the various[...]
  2018-07-30 22:10:47

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  Draghi's opening statement: Economy proceeding along solid, broad based growth path

  Highlights from Draghi's opening statement - Private consumption is supported by ongoing labor market gains - Risks to the growth outlook remain broadly balanced The[...]
  2018-07-30 22:10:47

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  Draghi Q&A: We took note of Trump-Juncker meeting. It's a good sign

  Draghi comments in the press conference - ECB didn't discuss reinvestments - Enhanced forward guidance has been very effective in aligning expectations with intentions Draghi[...]
  2018-07-30 22:10:47

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