Day: June 30, 2018

June 30
2018

Euro Ends Week Second Strongest

The euro ended the past trading week as the second strongest major currency. The only currency that outperformed the euro was the Canadian dollar. Interestingly enough, both currencies logged most of their gains on Friday. The euro rallied after the European Union members managed to achieve an agreement that tackles Europe’s migration problem. The Canadian dollar also had its share of positive factors, including strong domestic macroeconomic data and a rally of prices […]

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June 30
2018

Euro Ends Week Second Strongest

The euro ended the past trading week as the second strongest major currency. The only currency that outperformed the euro was the Canadian dollar. Interestingly enough, both currencies logged most of their gains on Friday. The euro rallied after the European Union members managed to achieve an agreement that tackles Europe’s migration problem. The Canadian dollar also had its share of positive factors, including strong domestic macroeconomic data and a rally of prices […]

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June 30
2018

Weekly Forex Technical Analysis (Jul 2 — Jul 6)

EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.1373 1.1450 1.1567 1.1644 1.1760 1.1837 1.1953 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.1460 1.1586 1.1653 1.1780 1.1847 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]

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June 30
2018

Weekly Forex Technical Analysis (Jul 2 — Jul 6)

EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.1373 1.1450 1.1567 1.1644 1.1760 1.1837 1.1953 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.1460 1.1586 1.1653 1.1780 1.1847 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]

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June 30
2018

Yuan, Chinese Equities to Brace for Impact from US-China Trade Tariff Hits

Fundamental Forecast for CNH: Bearish US and China’s tariffs will enter effective next week; more are likely on the way. In the near term, corrections may be seen in the Yuan while the bearish trend holds. The Caixin PMI gauge may reflect smaller firms’ conditions, which is PBOC’s top focus. How to trade news? Learn […]

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June 30
2018

Third Quarter Forecasts for Dollar, Euro, Oil, Equities and More

The second quarter has come to a close, and a market of volatility and uncertain trends now transitions into the latter half of 2018. With sweeping fundamental concerns such as trade wars, the stability of the Euro-area, the path of Brexit and the health of global growth itself plauging the markets; the outlook for the […]

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June 30
2018

Look Ahead – Bitcoin, Ethereum, Ripple, Litecoin Charts and Analysis

Bitcoin, Ripple, Ether, Litecoin – Charts, Prices and Analysis – Cryptocurrency market capitalization hits a new multi-month low. – Bank of England warns of high volatility and low liquidity. Cryptocurrency Market Hits a New 2018 Low 2018 is turning out to be a very bad year for cryptocurrency ‘hodlers’ with prices hitting multi-month lows and […]

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June 30
2018

Fed’s Favorite Inflation Indicator Hits 2% Target for the First Time in 6 Years

Talking Points: A number of inflation indicators have reached or surpassed the Fed’s 2 percent target Fed Chairman Powell has said he would not be surprised to see inflation move above 2 percent for a period In May, personal income rose 0.4 percent after gaining 0.2 percent in the prior month. Stay up to date […]

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