Forex Consulting

US stocks moving back toward highs of the day

2018 has seen rises each day so far… The New Year continues the winning streak for the US major indices. The S&P, Nasdaq and Dow are all higher on the day, all would be record closes (if gains are maintained) and each are moving back toward highs for the day. Copyright 2015 Forexlive.com

Forex Consulting

EURUSD makes new session lows after rebound stalls

Finds sellers on rebound toward 1.2042 The EURUSD fell after not being able to breach the high from yesterday at 1.2088 and the high for 2017 at 1.2092 (the high reached 1.2082 today).   The fall took the price back below the 1.2042 (swing low from 2015) and the 100 hour MA at 1.20387. The corrective…

Forex Consulting

TD Securities sees Canada hike on January 17

TD Securities Baumann on note to clients TD securities Baumann in an email note to clients expects the BOC to hike rates on January 17.  According to Bloomberg the hike probability is up to 78.2% for the January meeting now after the back to back employment changes of 79K.  Copyright 2015 Forexlive.com

Forex Consulting

US government to sell 513 Bitcoin in dark web seizure

US courts file motion to sell Bitcoin The US attorney’s office has plans to sell 513 Bitcoin worth more than $8 million in the near future. Prosecutors in Utah seized 513.1490393 Bitcoin, a BWM and a Ford truck from Aaron Shamo after indicting him and six others in December 2016. They also seized a similar amount…