Sergey Golubev / Blog
According to Westpac: "Friday’s EUR/USD close completed a bearish 3 day pattern, confirming the end of the recent upward correction." German 10-year yield ended only slightly higher on Friday despite more notable post-employment report, notes BNP Paribas...
"The AUD/USD has been on a wild ride of late, rallying to a high of 0.8164 on 14 May, only to plunge to below 0.76 on 1 June before settling near 0.77 in front of Friday’s US payrolls report...
The stronger US jobs report sent gold lower - reaching the lowest trading level since March 19th. The low price extended a little below that level to 1162.66 before rebounding back higher...
EURUSD traded at 1.1220 right before the employment report on Friday. It is back at that level and in fact now breaking to new day highs. The NY session has seen the price extend above the the London morning high at 1.1177. The buyers remain in control with potential up to 1...
W1 price is located below 200 period SMA and 100 period SMA for the primary bearish with secondary ranging between 0.7552 support level and 0.8158 resistance level: The price is ranging between ranging between 0.8158 and 0.7552 levels; The price broke trendline and 61.8% Fibo level at 0...
In afternoon trading on Friday, Energy stocks are the best performing sector, up 1.4%. Within that group, Transocean Ltd. (NYSE: RIG) and Newfield Exploration Co. (NYSE: NFX) are two large stocks leading the way. The next best performing sector is the Financial sector, higher by 0.5...
Daily price is on primary bullish with the secondary correction which just started on D1 bar on Friday. The price is located above Ichimoku cloud/kumo, and Chinkou Span line is crossing the price from above to below for good possible breakdown...
W1 price is on primary bearish with secondary ranging market condition: 200 period SMA and 100 period SMA are located above the price for bearish and moving in almost horizontal way for ranging between 1.4550 support level and 1.5819 resistance level: The price is ranging between between 1...
US Dollar - "Looking at the docket over the coming week for cues and milestones, we have plenty of big ticket items. The problem is that they may not hit the correct pitch...