Thursday, July 7, 2016

British Pound Unmoved As Post-Brexit UK Consumer Confidence Sinks

British Pound Unmoved As Post-Brexit UK Consumer Confidence Sinks


British Pound Unmoved As Post-Brexit UK Consumer Confidence Sinks

Posted: 07 Jul 2016 05:57 PM PDT

The British Pound offered a tepid reaction against its major peers after a post-referendum UK consumer confidence survey experienced its sharpest decline since December 1994.

USDOLLAR Probing 200 Day Average before NFP Release

Posted: 07 Jul 2016 01:23 PM PDT

Crude Breaks Down but Be Aware of Possible Channel Support

Posted: 07 Jul 2016 01:23 PM PDT

Gold at 2011-2012 Trendline; Major Decision Point

Posted: 07 Jul 2016 01:23 PM PDT

USD/CHF Gap Fill and Bounce; .9800s Still Well-Defined Resistance

Posted: 07 Jul 2016 01:23 PM PDT

USD/CAD 1.2830s Does it Again?

Posted: 07 Jul 2016 01:23 PM PDT

USD/JPY Post-Brexit Bounce Goes Poof; 102.20 is a Reference Point

Posted: 07 Jul 2016 01:23 PM PDT

NZD/USD Pressing the Issue on Long Term Resistance

Posted: 07 Jul 2016 01:23 PM PDT

AUD/USD Pinned to .7500 for Now

Posted: 07 Jul 2016 01:23 PM PDT

GBP/USD Fibonacci Confluence Sits at 1.2500

Posted: 07 Jul 2016 01:23 PM PDT

EUR/USD Turns Down from Former Channel Support

Posted: 07 Jul 2016 01:23 PM PDT

USD/CAD Risks Near-term Breakout on NFPs / Canada Employment

Posted: 07 Jul 2016 12:06 PM PDT

The recent rally is at risk heading into key US & Canadian employment reports tomorrow. Here are the updated targets & invalidation levels that matter.

What Now Can Hold Back the US Dollar? Breakout Deja Vu

Posted: 07 Jul 2016 11:00 AM PDT

China’s Market News: Foreign Central Banks Increase Yuan Assets

Posted: 07 Jul 2016 09:51 AM PDT

The PBOC updated China’s foreign holdings for June while foreign central banks reported increases in their Yuan-denominated assets.

USD/CAD Holding Pattern at Risk on Strong Canada Employment Report

Posted: 07 Jul 2016 09:30 AM PDT

A positive Canada Employment report may threaten the near-term holding pattern in USD/CAD as the Bank of Canada (BoC) appears to be moving away from its easing cycle.

US DOLLAR Technical Analysis: Ichimoku Favors a Bullish Breakout

Posted: 07 Jul 2016 09:25 AM PDT

The Macro Opening Range of H2 2016 Is Likely To Be Messy Post-Brexit Vote.

GBP/USD Struggles to Hold a Bounce; Sentiment and Volume Point Lower

Posted: 07 Jul 2016 09:12 AM PDT

Cable continues to trade heavy in the wake of the Brexit vote. GBP/USD resistance levels continue to hold with sentiment and volume measures pointing towards more losses.

EUR/USD Rebounds from an Initial Decline on ADP Figures

Posted: 07 Jul 2016 08:15 AM PDT

The EUR/USD is trading higher after ADP Employment Change figures for June beat expectations.

US Labor Data Sets Up Better US NFPs; EUR/USD Falls On Release

Posted: 07 Jul 2016 07:04 AM PDT

ADP and Jobless Claims data this both beat expectations, setting up a Non-Farm Payrolls report that should be better than May’s NFP report.

Technical Focus: Copper Base Still a Work in Progress

Posted: 07 Jul 2016 06:27 AM PDT

Trade since January is viewed within the confines of a bullish base at long term support but copper continues to fail at well-defined resistance. A push through would lead to a rally to the 2.50s, possibly in short order.

Dow Jones Industrial Average Steadies Ahead of US Jobs Report

Posted: 07 Jul 2016 05:47 AM PDT

After a booming rally to finish the month of June strong, Dow Jones Industrial Average has been consolidating recent gains and trading in a sideways range as we await US jobs report.��

S&P 500: ’Brexit’ Gap-fill Looks in Order

Posted: 07 Jul 2016 04:51 AM PDT

Silver Prices: Spiral Higher Triggers Historical Momentum Readings

Posted: 07 Jul 2016 03:59 AM PDT

USD/CAD Declines for 2nd Consecutive Session

Posted: 07 Jul 2016 03:39 AM PDT

The USD/CAD is set to decline for the second consecutive trading session. Short term support is found near 1.2930.

July Forex Seasonality Sees Softer US Dollar, but Brexit is a Major Wrinkle

Posted: 07 Jul 2016 03:00 AM PDT

Twenty-year seasonality trends have held up through the first half of the year, save the last week of June, when the Brexit vote shocked markets.

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