Stock Trends Traders Network

Juan Luis's Blog (7)

EUR/USD extends the rebound above 1.2050, with looks on the US ADP.

After a temporary correction seen the previous day, bulls resumed control on Thursday, pushing EUR / USD higher, in an attempt to test the 2017 high at 1.2092.

EUR/USD: FOMC minutes lead USD movement

Having found a solid support just ahead of the 1.2000 level on multiple occasions, the EUR / USD pair is extending its solid rebound above 1.2050, as a new sale of the generalized USD returns to the market before the macroeconomic publications of the United States. United. The US…

Continue

Added by Juan Luis on January 4, 2018 at 9:08am — No Comments

EUR/USD aims for higher gains above 1.1681 - Commerzbank

EUR/USD news:

Senior Technical Analyst at Commerzbank Axel Rudolph said the pair could move higher as long as it trades above 1.1681.

Key Quotes

"While the EUR/USD remains above its peak at 1.1681, while it remains above here, there…

Continue

Added by Juan Luis on August 17, 2017 at 7:01am — No Comments

The waves of Elliott, a century-old technique that you can count on.

The Elliott Waves resemble the waves of the sea, after each wave that enters the beach, is followed by a wave of greater or lesser strength, leaving it captured in the sand that has managed to enter the water on the mainland. Charles Dow, the father of technical analysis, creator of the DOW JONES stock index and the Wall Street Journal, noticed this situation after a leisurely visit to the beach, after…

Continue

Added by Juan Luis on August 11, 2017 at 9:25am — No Comments

USD/JPY falls below 109.50 to 8-week lows after US data

The yen strengthened in the market after a lower-than-expected reading of US wholesale inflation in July and after Wall Street's red opening. The USD/JPY is trading at 109.50, the lowest level since June 14.

The price remains negative and is testing the support of 109.50, in case of falling below, the next areas to take into account can be seen at 109.10 / 15 (June 7 low) and 108.80 (June low).

Downward…

Continue

Added by Juan Luis on August 10, 2017 at 10:27am — No Comments

EUR/CHF ready for further rises - Danske Bank

Aila Mihr, an analyst at Danske Bank, evaluated the recent price action around the EUR/CHF pair and short-term outlook.

 

Key statements:

 

"The EUR/CHF continued to rise on Friday and the crossing gained more than 3% last week. The move is surprising as it came without new…

Continue

Added by Juan Luis on August 1, 2017 at 8:44am — No Comments

USD/JPY: technically bearish, but BOJ on the way

The USD / JPY extended its decline to 111.55 on Wednesday, its lowest since June 27, with the persistent dollar weakness as the main driver for the pair. US data published before the opening of Wall Street were better than expected, but it was not enough to push the pair back above the 112.00 level, and in fact the aforementioned minimum was achieved after publication. During the next Asian session, Japan will publish its trade balance figures for June, and more relevant, the latest monetary…

Continue

Added by Juan Luis on July 20, 2017 at 3:30am — No Comments

EUR / USD at highs near 1.1440 post-NFP

The single currency is increasing the pace against the dollar after the US NonFarm Payroll data is known, directing the EUR / USD pair to the 1.1435 / 40 area.

EUR / USD post data NFP US

The pair added momentum on Friday after the US economy added 222,000 jobs during June, exceeding estimates for a gain of 179,000 and higher than 152,000 in May (revised 138,000). In…

Continue

Added by Juan Luis on July 20, 2017 at 3:30am — No Comments

Badge

Loading…

© 2018   Created by Skot Kortje.   Powered by

Badges  |  Report an Issue  |  Terms of Service