Month: August 2018

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  EURUSD tests the swing highs from the last two weeks of trading

  Swing highs tested The EURUSD has moved to a new session high after the core PCE came in lighter than expectations.  Looking at the hourly[...]
  2018-08-02 18:23:12

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  Can the USDJPY keep the upside momentum?

  Breaking to new session highs The USDJPY is breaking to new highs and in the process is trading at the highest level since July 19th[...]
  2018-08-02 18:23:12

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  US stocks open with gains. Nasdaq recovering.

  Tech recovers The US stocks are open and they are getting a boost.  China and US will reportedly open up talks on trade and that[...]
  2018-08-02 18:23:12

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  EURUSD gives up all the day gains. Back to unchanged.

  Well... the ceiling is certainly in place. The EURUSD stalled at the ceiling level for the 5th time in the last two weeks. That ceiling[...]
  2018-08-02 18:23:12

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  GBPUSD breaks, runs and rebounds. Watch the underside of trend line/200 hour MA now

  Markets are skittish... The GBPUSD broke below the trend line and the 200 hour MA at 1.31144.   The price ran lower. The low reached 1.3088.[...]
  2018-08-02 18:21:05

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  Ichimoku indicator: Tips & insights

  Some insights on the usage of the Ichimoku indicator The Ichimoku indicator stands out among other technical indicators. It's just another thing in technical analysis[...]
  2018-08-02 13:29:56

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  USDJPY can't keep momentum going above 112.00 area

  The 111.98-112.05 is a swing area for traders Back in December-January, the price of the USDJPY moved above the 111.98-112.05 and chopped in a range[...]
  2018-08-02 10:09:06

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  US weekly EIA oil inventories +3803K vs -3000K expected

  Weekly US oil inventory data API numbers late yesterday: ForexLive
  2018-08-02 10:09:06

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  GBPUSD waffling and trades near unchanged levels

  BOE hike expected tomorrow The GBPUSD is waffling up and down as traders prepare for the FOMC decision today and the BOE hike (expectation) tomorrow. [...]
  2018-08-02 10:09:06

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  OPEC production rises 300K bpd in July - survey

  Bloomberg survey It's all about Iran as sanctions get set to go into effect. There is a lot of skepticism that Saudi Arabia can fill[...]
  2018-08-02 10:09:06

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