Month: August 2018

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  USD longs are 'dancing on a volcano'

  I spotted this little snippet. Its from a couple of days ago but its a bigger pic view. Its a client note from Commerzbank, and[...]
  2018-08-10 07:27:06

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• 
  ForexLive Asia FX news wrap: NZD lower on a dovish hold from the RBNZ

  Forex and Bitcoin news for Asia trading Thursday 9 August  2018 The session kicked off with the RBNZ monetary policy decision and Statement, with the[...]
  2018-08-10 07:27:06

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• 
  Economic data coming up in the European session

  A rather empty day on the calendar, again RBNZ tilted more to the dovish side There is limited action to come from data releases yet[...]
  2018-08-10 07:27:06

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• 
  BOJ watchers now see less chance of future policy changes in 2019

  According to the latest on 42 economists Bloomberg survey - 57% of respondents now see the BOJ taking action after 2019 - Previous survey in[...]
  2018-08-10 07:27:06

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• 
  Switzerland July unemployment rate 2.4% vs 2.4% expected

  Latest data released by SECO - 9 August 2018 - 2.4% - Seasonally adjusted 2.6% vs 2.6% expected - Prior 2.6% ForexLive In-line with expectations[...]
  2018-08-10 07:27:06

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• 
  EURGBP makes some breaks into swing area/trend line resistance

  New 2018 highs. Above 50%. Above trend line The EURGBP has made some bullish breaks today with the pair breaking:   The pair has moved[...]
  2018-08-10 06:21:04

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• 
  EURUSD moved from 200 hour MA to test the 100 hour MA

  Testing the 100 hour MA  Yesterday, the price in the NY session traded above and below its 100 hour MA (blue line).  Today, the price[...]
  2018-08-10 06:21:04

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• 
  GBPUSD moves toward lower trend line on daily. Stalls the trend move lower.

  Sellers remain in control.   Sellers remain in control in the GBPUSD and that has pushed the pair to the lowest level since August 25th -[...]
  2018-08-10 06:21:04

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• 
  The USDCAD spikes higher and races back lower

  Correction over... The USDCAD spiked up toward the swing high from March on the daily chart at 1.3124. The high reached 1.31197. The price backed[...]
  2018-08-10 06:21:04

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• 
  Waters are muddy for the GBPUSDs trend. Has the bottom been set?

  Moves above intraday MA  The GBPUSD traded to a and bounced (see prior post and the chart below).  A bottom was found. lower trend line[...]
  2018-08-10 06:21:04

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