EUR/GBP is correcting of its 50 DMA. I did nothing last night in the Euro. 30 Yr. Bond on a Daily Continuation is approaching its 50 DMA @ 154.08. This level will act as resistance until sustained above. I’m still … Continue reading
Daily Market Intelligence 11-3-17
Daily Market Intelligence 10-13-17
Daily Market Intelligence 9-15-17
GBP/USD…have been in rally mode since the BOE release GBP/USD…Monthly EUR/GBP…Daily GBP/JPY…Daily Sterling is making new highs for the week. Last night YRA posited a 136.50 target. The cloud picks this level up as resistance. Watch … Continue reading
Daily Market Intelligence 9-13-17
USD/JPY and the Dollar Index have reached their objectives. Gold has hit resistance at the same time. Commonwealth currencies (GBP,CAD,AUD,NZD) act well and have room to the upside. Expect a strong close today. EUR/GBP…91.18 is today’s ORL #. Sterling has … Continue reading
Daily Market Intelligence 6-9-17
Same deal just another day.Another U.S. session opening range trade. London remains the whipping boy. The high in the Dax does not make one overly bullish the U.S. gong into the afternoon session. Time frame trading. The rally has been … Continue reading
Daily Market Intelligence 8-4-16