Day: August 26, 2018

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  EURJPY breaks above a topside trend line. 100 day MA eyed.

  Trend line break at 129.16 The EURJPY has gotten a boost on the surge higher in the EURUSD. In the process, the pair has moved[...]
  2018-08-26 22:10:55

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  RSI: Overbought or oversold?

  What is the RSI and how does it work A quick search about Forex indicator will yield millions of results - 11.2 million results in[...]
  2018-08-26 22:10:55

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  EU stocks end the week with gains. Gains for the week too.

  German Dax, France's Cac and UK FTSE up 0.3% The 0.3% is wild today with the German Dax, France's CAC and UK FTSE all up[...]
  2018-08-26 22:10:55

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  USDCAD pushes lower. 100 hour MA and 50% broken. Sellers take charge.

  It may be a stretch but the 100 day MA is eyed The USDCAD is pushing lower. Helping the fall is a run higher in[...]
  2018-08-26 22:10:55

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  The dollar fall fuels a gold rush

  Buyers show up The dollar is the weakest currency of the majors today and that is fueling a rally in the price of gold.  The[...]
  2018-08-26 22:10:55

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  The main risk right now is emerging market mayhem

  Turkey may be the tip of the iceberg I was watching financial TV on Friday and they were talking about how it was a quiet[...]
  2018-08-26 22:09:06

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  How the Bank of England got its nickname

  The Old Lady of Threadneedle Street The Bank of England has been at the same location in the hear of the City of London since[...]
  2018-08-26 22:09:06

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  The long re-think on inflation continues at Jackson Hole

  Central bankers have having another look at how big companies affect wages and prices Central bankers love models but the problem is that they don't[...]
  2018-08-26 22:09:06

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  US-Mexico poised for NAFTA deal as soon as Monday. Will need at least a week to include Canada

  More upbeat news on NAFTA Reports say that the US and Mexico are said to be poised to reach a NAFTA deal on the bilateral issues[...]
  2018-08-26 22:09:06

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  Baker Hughes rig count out at the top of the hour

  Crude oil is traing up $1.12 or 1.67% at $68.96 The Baker Hughes rig count will be released at the top of the hour.   ,[...]
  2018-08-26 22:09:06

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