Month: August 2018

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  NZDUSD slow plays a topside technical break on the daily

  Not much momentum though The buyers in the NZDUSD moved above a trend line on the daily chart at 0.6690, which is more bullish.   [...]
  2018-08-31 06:22:40

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  Near-term bias turns bearish for NZD/USD, what's next?

  Kiwi under pressure on the day after poor data ForexLive Lowest in a decade was enough to send the kiwi tumbling on the day across[...]
  2018-08-31 06:21:06

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  AUD/USD looks poised for more downside as sellers return

  Sellers were looking for a reason to get back in and they got them yesterday and today ForexLive As for today, it's soggy economic data[...]
  2018-08-31 06:21:06

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  GBP/USD: Buyers feeling comfortable as price holds above 1.30

  Near-term bullish bias remains well intact ForexLive Barnier's overnight were enough to provide the right kind of squeeze higher for the pound and cable popped[...]
  2018-08-31 06:21:06

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  USD/CHF extends decline as key support levels give way

  Swissie trades to session highs against the dollar and euro ForexLive European stocks are extending declines on the session and a common and straightforward trade[...]
  2018-08-31 06:21:06

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  Near-term bullish bias still intact for EUR/USD

  Buyers have been eager to defend any downside move from testing the 100-hour MA ForexLive And it's a similar case to the drop in the[...]
  2018-08-31 06:21:06

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  The JPY is the strongest. The NZD is the weakest as NA trader enter for the day

  The USD is mostly higher at the start of the day.  The NZD business confidence was the lowest since early 2008 and that sent the[...]
  2018-08-31 06:21:06

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  USDMXN trades to session lows. Back below 200 day MA. Tests broken trend line.

  100 and 200 hour MA converged and another bullish/bearish barometer The USDMXN moved higher after the US Mexico trade agreement (buy the rumor sell the[...]
  2018-08-31 06:21:06

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  GBPJPY is a biggest mover on the day

  Up 1.63% today. The GBPJPY has been running higher today and it now is the biggest mover on the day.  It is currently up 1.63%.  [...]
  2018-08-31 06:21:06

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  4th record close day in a row for the S&P and Nasdaq

  Nasdaq leads the way again The S&P and the Nasdaq has closed at record levels for the 4th day in a row.   The Dow is[...]
  2018-08-31 06:21:06

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