Recent content by willissom1

EURUSD orders 18 Aug - Dip demand noted again but sellers still lurking Forex Market News: EURUSD orders 18 Aug - Dip demand noted again but sellers still lurking Currently 1.1750 on the rise from 1.1725 with general USD supply On Wednesday I posted advance notice of large option expiry...

USDJPY bouncing. Cohn rumor denied. Forex Market News USDJPY bouncing. Cohn rumor denied. Careful out there... The markets are subject/vulnerable to headline news and that can be dangerous to trading as they can happen at any time. The latest is the Cohn rumors are being denied. That has...

News: US stocks trades higher in quiet trading Major indices are higher. The major US indices are trading higher. S&P is up 6.39 points or 0.25% to 2470.70. That is near the high. The low reached 2468.31 The Nasdaq is up 11.65 points or 0.19% to 6344. The low reached 6337. The high...

US trade representative Lighthizer says looks forward to productive NAFTA talks The NAFTA talks start today. The NAFTA talks will start today between the US, Canada and Mexico. The US trade representative is Robert Lighthizer. An experienced trade negotiator and litigator, Ambassador...

Date:14-08-2017 Major Currency pair Signals by Forex Signals Es EUR USD : +19 Pips USD JPY : +22 Pips GBP USD : +24 Pips USD CHF : +27 Pips Total Profit hit +92 Pips

Forex technical analysis: AUDUSD moves toward low from Friday Moves toward a test of the 2016 high price too The AUDUSD is trading at the session lows and in the process is moving toward last Friday's low and a retest of the 2016 high price from April 2016 at 0.7834. The low has just reached...

Morgan Stanley revised FX outlook: No universal USD story as in first 8 mths of 2017 From the bank's weekly 'Pulse' research note, revised currency projections. They expect the broad USD index to fall; with EURUSD higher but GBPUSD lower, EURGBP moving beyond parity & EURCHF "accelerating...

CFTC Commitments of Traders. Speculators increase US dollar bets to largest since Jan 2013 Forex futures net speculative positions as of the close of business on Tuesday August 8, 2017 EUR long 94K vs 83K long last week. Longs increased by 11K GBP short 25K vs 29K short last week...

Forex technical analysis: GBPUSD snaps back after crack of triple bottom fails Other support at the 50% and July swing low at 1.2928-31 The GBPUSD was on the defensive as technical selling and a running EURGBP also impacted the price actionTechnically the price moved up to the 200 bar MA on...

EUR/USD most overbought in a long time, could test 1.15 - BAML EUR/USD needs to go lower before it goes higher Bank of America Merrill Lynch FX Technical Strategy Research notes that EUR/USD rally keeps showing signs of exhaustion around current levels. "The seven month rally has surpassed a...

Forex technical analysis: USDJPY fails on break lower. Shorts cover. The USDJPY sprinted lower yesterday. Then sprinted back higher and by the close, it was sprinting back lower again. In the Asian session, the move lower was extended. The pair reached a trend line on the hourly (red circle...

Major Currency pair Signals EURUSD Entry Point: Buy at 1.1882 Take Profit: 1.1913 Stop Loss: 1.1841 GBPUSD Entry Point: Buy at 1.3152 Take Profit: 1.3183 Stop Loss: 1.3111 USDCHF Entry Point: Sell at 0.9673 Take Profit: 0.9642 Stop Loss: 0.9714 USDJPY Entry Point: Sell at 110.10...

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EURUSD moves back above the 200 hour MA taking some of the bearish sting away. The move means little in front of the weekend. However it does take some of the sting out of the fall today technically.

High price stalls under the 2010 swing low The 1.1876 was the swing low from 2010. That level was the low until breaking in the first week of 2015. Since then, the price of the EURUSD has stayed below that level. That is until yesterday when it was broken, stops were triggered and the price...