USDCHF run higher continues. 200 day MA holds support on dip today.
Breaking away from the 100 and 200 day MA Yesterday, the USDCHF moved above the 100 and 200 day MAs at 0.9878 and 0.9890 respectively (see post here). The rise… Read more »
Tag: continues
Cable threatens fall to lowest since January 4 as the selling continues
Relentless selling The talk that the EU won’t budge on the vote is a bit rich — that’s exactly the kind of thing Theresa May would want to leak ahead… Read more »
Gold continues to consolidate near the highs
Gold at a crossroads Gold is either in a healthy consolidation after an extended run higher or has topped out. To me it looks like a healthy consolidate as it… Read more »
USD/CAD Forecast Jan. 14-18 – Canadian dollar rally continues as dovish Fed weighs greenback
The Canadian dollar continued its January rally, as USD/CAD declined close to 1% last week. There are no major Canadian events until Friday, with the release of CPI. This means… Read more »
Oil breaks Thursday’s low as reversal continues
Crude drops The market has been turned on its head in the past hour as the US dollar jumps and everything else slumps. Oil was at the leading edge of… Read more »
love affair with the falling trendline continues
The NZD/USD pair is probing the trendline falling from December highs for the third day straight. As of writing, the trendline resistance is located at 0.6786. Interestingly, the 100-period moving… Read more »
As the housing market crunch continues, here are 3 unorthodox alternatives to a wasted Sunday afternoon
MarketWatch photo illustration/iStockphoto Here’s a bold forecast for the housing market in 2019: conditions will continue to be strained as affordable inventory gets snatched up quickly, leaving… Read more »
Canadian Dollar Rally Continues As U.S-China Talks Renew Optimism
The Canadian dollar started the week with strong gains, as the rally continues. In the Tuesday session, the pair is trading at 1.3293, down 0.04% on the day. It’s a… Read more »
Cable stays pressured as pound continues to be dealt a blow from Brexit sentiment
GBP/USD swings 50 pips over the last hour ForexLive The pair jumped to a high of 1.2797 before meeting resistance and offers and then tumbled back down to a low… Read more »
The Powell “Put” continues to resonate
Global equities were in modest demand throughout Monday and continued to bolster ASIA FX EM and G10 commodity currencies. Small-cap and technology companies led gains as optimism over a hopeful… Read more »