Trend line and 38.2% tested ForexLive
Monday high. Friday low The EURUSD reached a high on Monday at 1.1790. The low today reached 1.16119. That took the price below the July 4th low at 1.1629 but it fell short of the July 2 low at 1.1591.
It is sometimes hard to fit it in during the trading week If you did not get to see some of the education posts/videos this week, spend some time, put on your headphones and have a look:
Forex news for NY trading on July 13, 2018 A snapshot of other markets at the week’s end: – Spot gold is down $6.04 or -0.48% at $1241.40. The price is down from last Friday’s close at $1255.48 The US stock indices closed higher, with the Nasdaq eking out the 2nd consecutive record close day:
Tough and brutal advice from President Trump Last week during his visit with UK PM May, President Trump said he gave May some advise that she chose not to take with regard to Brexit.
S&P and Dow also higher The NASDAQ composite index was able to squeak out a small 2.06 point gain or 0.03% and that was good enough for another record close.
Commitment of traders report for the week ending July 10 – EUR long 24K vs 37K long last week – GBP short 40K vs 29K short last week – JPY short 40K vs 39K short last week
Closed at $73.80 last week The price of crude oil has settled the day at $71.01. That is up $0.68 on the day or +0.97% The high reached $71.66. The low reached $69.84
Fed’s Kaplan highlights Fed’s Kaplan headline from interview: ForexLive
Considering release before the November US elections There is a report that the Trump administration is considering releasing oil from the strategic petroleum reserves before the November elections.