10 year benchmark yields are mixed The German DAX has had its worst day since February 7 (see post here). That comes a single day after the index breached the… Read more »
Flight into the safety of the CHF The USDCHF is finding some safety bids into the CHF. As a result, the USDCHF is hitting fresh session lows. In the process,… Read more »
China news sends AUDUSD lower Good news on China is good news for AUD. Bad news on China is bad news for AUD. The China “walking back” trade offers is… Read more »
Up 61% on the day The S&P index has just extended to a new session high reaching 2851.76. The index last week tested swing highs at 2817 area. This week… Read more »
10 year yields are lower The major European shares are ending the session mostly higher with German Dax lagging. The provisional closes are showing: German DAX, -0.2% France’s CAC, +0.1%… Read more »
The rising 100 hour MA is being approached The GBPUSD is trading near session lows and in the processs is getting nearer the 100 hour MA at 1.3219 level (blue… Read more »
Cable touches a low of 1.3246 as MV3 is eyed ForexLive Despite buyers staying in near-term control, the 1.3300 handle remains a key resistance level at this point as Brexit… Read more »
EUR/USD daily chart EUR/USD is trading in a bear trend below its main simple moving averages (SMAs). EUR/USD 4-hour chart EUR/USD is trading between the 100 and the 200 SMAs… Read more »
Cable moves up to 1.3260 levels after touching a low of 1.3203 earlier ForexLive Choppy price action continues for the pound as markets now have to wait on further developments… Read more »
Daily thread to exchange ideas and to share your thoughts Happy Friday, everyone! Hope you’re all doing well as we look to wrap up the final day of the trading week and… Read more »