Month: August 2018

• 
  The USDJPY heads back down after US PPI data

  Swing high from yesterday stalled the rise today The USDJPY moved higher with a generally higher dollar today (although the pair moved lower in the[...]
  2018-08-09 18:23:26

---

• 
  EURUSD trades within MA guardrails (with a couple failed breaks lower)

  100 and 200 hour MA confines the pair The EURUSD over the last two days, has been confined mainly to above the 100 hour MA[...]
  2018-08-09 18:23:26

---

• 
  US 10-year yields continue to back away from 3%

  US T-note yield falls 2.3 basis points US 10-year yields are nearing the lowest levels of the month. The dip accelerated after the PPI numbers, which[...]
  2018-08-09 18:23:26

---

• 
  US stocks open unchanged (or very close to it)

  Modest changes at the start The US major indices are opening with limited changes from yesterday: That is about as close to unchanged as you[...]
  2018-08-09 18:23:26

---

• 
  NZDUSD cracks lower after RBNZs dovish call. What next?

  Trades at lowest level since March 2016 The dovish RBNZ sent the NZDUSD tumbling lower and in the process, there has been some bearish breaks[...]
  2018-08-09 18:23:26

---

• 
  GBPUSD rally stalls at topside trend line, but there is a good reason to think about buying a dip

  Trend line at 1.2900 currently The GBPUSD has been trending lower over the last 7 or so trading days and in the process, has stayed[...]
  2018-08-09 18:23:26

---

• 
  EURUSD tries selling below the 100 hour MA again

  Is the 3rd time the charm? Time will tell.  ForexLive
  2018-08-09 18:23:26

---

• 
  USDCAD moves to new session lows on NAFTA talks but stalls at support on the first look.

  The 1.3038 needs to be broken. Then 200 and 100 hour MAs On a move below, the pair will next target the 200 and 100[...]
  2018-08-09 18:23:26

---

• 
  Australian dollar posts a nice turnaround, but stalls at 0.7440

  0.7440 proving to be a tough line in the sand The Australian dollar is up 17 pips on the day at 0.7438 after falling as[...]
  2018-08-09 18:23:26

---

• 
  RBNZ decision after the close. What levels are in play through the decision.

  No change expected. The RBNZ will keep rates unchanged and release their statement. but a word here or a word there can tilt the balance. [...]
  2018-08-09 18:23:26

---