Am-live forex
Something has clearly changed in the market. The psychology of the market was completely upended by rule changes in the province announced in late April. Finance Minister spoke with Bloomberg - Mexico may be able to start cutting rates by year end - Probably only a couple of rate hikes left Note this is the finance minister, not the central bank leader.
No initial reaction in MXN. Will the sellers put a lid on it The EURUSD has moved back into that ubiquitous area that has had a number of swing levels, i. Technically a move above puts the pair back into the area where most of the trading has taken place over the last month, with the 1. That's what the yield curve has been screaming for the past few months. You never want to be compared to but the 5s30s yield curve is now at 95 basis points, which is the flattest since December Euro higher after two days of declines I was beginning to worry that the euro bulls had gone on vacation.
A late bid has helped the euro turn a quiet day into a small victory. Tuesday's high of 1. Still trades near recent highs However, there is some speculation that they will be more in line to raise rates down the road. Any mention of moving to more normal rates should be a boost to the currency. The November low gives way What a terrible month for oil.
What's especially negative for oil is that three bullets were fired by the bulls today and they missed. Chart from Bloomberg TV This is a chart of Amazon's stock price compared to indexes of apparel manufacturers, department stores and specialty retail. Traded lower and then higher. It is now lower. The market tried to stage a bit of a bounce today but the US inventory just wasn't good enough to sustain it. The market also wasn't impressed with OPEC's jawboning.
Lots of resistance was above at the and hour MAs and old lows at the 1.
Forex Charts
Even the hawks are losing their appetite We're living in some kind of bizarro central banking world. The AUDUSD stalled is trading at new session lows - spurred on by the breaking of some key levels.
UK election goes sideways, commodity currencies go up The trio of NZD, AUD and CAD are easily the top performers this month. The strength in June is part of a seasonal trend that I highlighted three weeks ago. NZD vulnerable to the RBNZ decision later Credit Agricole CIB FX Strategy Research notes that the RBNZ is widely expected to leave the OCR at 1. Now it's back to unchanged and back in the middle.
So no big deal. The highs yesterday came in between The high today just peaked at Forex income boss highs from June peaked at Going back to the end of the May, the high at that time reached Weekly oil inventory and production data from the US Department of Energy coming up next - Prior was K Here's what API reported yesterday: May US existing home sales - Prior was 5.
The US is heading back towards big housing price gains. Evans talks about hiking with the WSJ The WSJ posted a short with Chicago Fed President Charles Evans. Stock broker nicknames comments were virtually identical to his other media appearances on Monday. Rally higher today stalled ahead of earn more money 123rf resistance levels.
forex online charts live - Make money from home - Speed Wealthy
The EURUSD sellers remain in control. How do I know? If you read my recent posts on the EURUSD, I am putting lots of faith in the 1. That area has a lot of swing levels going back to mid-May see red circles in the chart above. There was a break below on May 30th. There was a break lower last week Thursday into Friday.
That failed with a higher low compared to May We provide real-time forex news and analysis at the highest level while making it accessible for less-experienced traders. Founded inForexLive. Get the latest breaking foreign exchange trade news and current updates from active traders daily. Find out how to take advantage of swings in global foreign exchange markets and see our real-time forex news analysis and options futures and other derivatives 8th edition solution manual pdf to central bank news, economic indicators and world events.
Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign am-live forex, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose.
Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of am-live forex client or prospect's individual analysis and decision making.
None of the blogs or other sources of information is to be considered as constituting a track record. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. As with all such advisory services, past results are earn money by sending sms india a guarantee of future results.
Title text for next article. Looking for a new forex broker? The market is crashing: Wed 21 Jun Listings continue to surge, prices slide Preliminary Toronto house price data for June is extremely troubling. Here is the average selling price over the past three months: View Full Article with Comments. Mexican finance minister says rate-hike cycle is likely near end Finance Minister spoke with Bloomberg - Mexico may be able to start cutting rates by year end - Probably only a couple of rate hikes left Note this is the finance minister, not the central bank leader.
EURUSD in that dreaded resistance area Will the sellers put a lid on it The EURUSD has moved back into that ubiquitous area that has had a number of swing levels, i. The bond market flashes another worrisome sign 5s30s falls to flattest since the crisis The Fed is wrong. Euro catches a late bid as it tries to form a base Euro higher after two days of declines I was beginning to worry that the euro bulls had gone on vacation.
Oil falls to the lowest since August The November low gives way What a terrible month for oil. Amazon is laying waste to everyone else Chart from Bloomberg TV This is a chart of Amazon's stock price compared to indexes of apparel manufacturers, department stores and specialty retail. USDJPY down on the day Traded lower and then higher.
USDCAD tests day MA at 1. Do the GBPUSD dip buyers come in here? Wouldn't want to start unwinding balance sheet in Sept if inflation weakens Even the hawks are losing their appetite We're living in some kind of bizarro central banking world.
Trades at session lows. Here is the story so far this month UK election goes sideways, commodity currencies go up The trio of NZD, AUD and CAD are easily the top performers this month.
Watch for RBNZ jawboning - Credit Agricole NZD vulnerable to the RBNZ decision later Credit Agricole CIB FX Strategy Research notes that the RBNZ is widely expected to leave the OCR at 1. USDJPY pushes toward yesterday's highs day MA looms The better existing homes data helped to send the USDJPY toward the highs from yesterday and closer to the day MA at Weekly US oil inventories are due up next Weekly oil inventory and production data from the US Department of Energy coming up next - Prior was K Here's what API reported yesterday: May US existing home sales 5.
Balance sheet plan not likely to depend on economic data Evans talks about hiking with the WSJ The WSJ posted a short with Chicago Fed President Charles Evans. EURUSD sellers remain in control. Learn About ForexLive Contact Us. Stay Connected Connect with forexlive via: Premier forex trading news site Founded inForexLive.