Technical Analysis

Get used to it folks The US stocks are staging a rally on less China fears. There have been two reports that have help that sentiment: The Pres. comments on Huawei were not a blanket “no deal”. The US government is still accepting applications for companies to deal with Huawei if deemed not a security threat A report that China is purchasing crude oil from the
Above 1.12000 The EURUSD is trading to new session highs and above the 1.1200. The EUR is right behind the CHF as the safe haven currency. The JPY which usually gets it’s share of flows in times of risk off.  The EURUSD has breached the 1.12000 level and now looks toward the 100 day MA
Copper falls to lowest since January Copper has broken the June low and is in danger of falling to a two-year low as the US-led trade war threatens global growth. Copper is among the most-sensitive commodities to global demand and an escalating trade war could hurt both US and Chinese growth. It fell as much
AUD/USD falls to a session low under 0.6800 and erases earlier gains ForexLive Buyers have been trying to stop the rot this week but have encountered stumbling blocks time and time again. Price traded higher as we entered European trading in each of the last three days only to fall into the close. On Wednesday,