Day: August 11, 2018

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  EURGBP swings back down toward the 50%/200 hour MA

  First test stalled the fall The EURGBP is moving toward support defined by its 50% of the recent move higher and the 200 hour MA[...]
  2018-08-11 13:28:05

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  New York Fed GDPNowcast Q3 forecast 2.57% vs 2.58% last week

  Broadly unchanged JOLTS, CPI and PPI were the only new inputs this week and they didn't have much effect. ForexLive
  2018-08-11 13:28:05

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  Ping-pong in the USDJPY continues. Lower trend line stalls the fall

  100 hour MA and trend line the topside extreme. The USDJPY has continued the ping-ponging with the high extreme at the 100 hour MA and[...]
  2018-08-11 13:28:05

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  Guajardo: NAFTA talks are progressing well, will continue next week

  There is a belief that an autos deal will get done soon It looks like a deal on autos is close. Then it will come[...]
  2018-08-11 13:28:05

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  European shares end the day with sharp declines. A negative week as well.

  German Dax and Italy's FTSE MIB the big losers for the week The European major stock indices are closing lower on the day: The tumble[...]
  2018-08-11 13:28:05

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  No flight into the "relatively safety of gold" given all the uncertainty and risk.

  Tests July 2017 lows and near the low for the year today and bounces. But rise is limited.  Those topics can be thought as risky[...]
  2018-08-11 13:28:05

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  Baker Hughes weekly US oil rig count 869 vs 859 prior

  Baker Hughes weekly oil rig count ForexLive
  2018-08-11 13:28:05

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  EUR/USD falls below 1.14. How low can it go?

  Euro technical analysis The euro is at a fresh low of the day, down 135 pips to 1.1391. The charts this week -- across the[...]
  2018-08-11 13:28:05

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  US July monthly budget statement -$76.9 vs -$76.0B expected

  US July budget deficit The trend is certainly not ideal but people have been fretting about developed market deficits and debt for a long time.[...]
  2018-08-11 13:28:05

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  What were the strongest and the weakest of the major currencies this week?

  The JPY is the strongest. The NZD is the weakest. The end of the week is nigh, and there are of course the strongest and[...]
  2018-08-11 13:28:05

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