Month: August 2018

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  GBPUSD backs away from 1.2900 level. MAs loom below as a hurdle.

  Pair moves back toward unchanged level at 1.2869, but finds buyers  The GBPUSD has waffled lower, and then higher. We moved back down toward the[...]
  2018-08-29 19:27:05

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  Nasdaq hits new record high as US stocks open

  S&P above record high closes The US stock market is open and the major indices are mixed. A snapshot of the US debt market is[...]
  2018-08-29 19:27:05

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  NAFTA: Canada's Freeland says encouraged by progress so far

  Canada's NAFTA negotiator comments ForexLive
  2018-08-29 19:27:05

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  USDCHF cracks below the 200 day MA

  38.2% retracement the next hurdle Yesterday the USDCHF price cracked below it's 200 day MA but could not muster must momentum.  Today, the price is[...]
  2018-08-29 19:27:05

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  The strangest index for the rainiest of days

  What to look for when markets turn We are undoubtedly in the bull-iest of bull runs, which has made market watchers declare: Bully! The problem[...]
  2018-08-29 19:27:05

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  Barnier: We are prepared to offer Britain partnership unlike with any other country

  Bullish for GBP - We are prepared to offer a partnership with Britain such as has never been with any other country This could be[...]
  2018-08-29 19:27:05

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  US July pending home sales -0.7% vs +0.3% m/m expected

  US July pending home sales ForexLive
  2018-08-29 19:27:05

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  GBPUSD surges on Barnier Brexit comments

  Shoots up on the Brexit comments The GBPUSD shot higher on the Barnier comments. Technically,the pair moved above the highs from last and this week[...]
  2018-08-29 19:27:05

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  Cable rips higher after Barnier say the EU wants to make a Brexit deal

  Big move in the pound At a briefing in Berlin, EU negotiator Michel Barnier dropped a massive piece of news, saying they are prepared to[...]
  2018-08-29 19:27:05

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  EIA weekly crude oil inventories -2566K vs -1487K expected

  Weekly oil inventories WTI crude hit the highs of the day at $69.55 on the headlines but backed off to $69.30 afterwards. Here was the[...]
  2018-08-29 19:27:05

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