Monthly Archives: November 2018

2 min Market Summary: 30 Nov 2018

NOTABLE MOVES   USDJPY, -0.25%, $113.41. EURUSD, +0.24%, $1.1393    . GBPUSD, -0.30%, $1.2786. AUDUSD, +0.22%, $0.7322. S&P500, -0.22%, 2,737.80 Nasdaq, -0.25%, 7,273.08 Nikkei, +0.79%, 22,352.51 CURRENCY MARKET WRAP   In FOMC minutes, almost all Fed officials saw the need for another rate hike “fairly soon,” they also discussed the possibility of changing the language on “further gradual […]

2 min Market Summary: 29 Nov 2018

NOTABLE MOVES   USDJPY, +0.18%, $113.80.EURUSD, -0.27%, $1.1297.GBPUSD, -0.72%, $1.2742.USDCAD, +0.35%, $1.3298. S&P500, +0.33%, 2,682.17Nasdaq, +0.01%, 7,082.70Nikkei, +0.64%, 21,952.40 CURRENCY MARKET WRAP   U.S. Prelim GDP q/q at 3.5% vs expected 3.6%. Fed Chair Powell said he sees current interest rates “just below” neutral. That proved to be a rally point because the language Powell used early last month indicated […]

2 min Market Summary: 28 Nov 2018

NOTABLE MOVES   USDJPY, +0.18%, $113.80.           EURUSD, -0.27%, $1.1297.          GBPUSD, -0.72%, $1.2742.USDCAD, +0.35%, $1.3298. S&P500, +0.33%, 2,682.17Nasdaq, +0.01%, 7,082.70Nikkei, +0.64%, 21,952.40  CURRENCY MARKET WRAP   Dollar was bid against the G7 after Fed Vice Chairman Richard Clarida said he backed gradual rate hikes with an eventual move towards neutral […]

Trade Opportunities: Hang Seng Stock Index, AUDUSD

Hang Seng Index (HSI) Daily Candlesticks & Ichimoku Chart The Hang Seng Stock Index (Hong Kong) is trading better recently. It is currently testing the daily ichimoku cloud, and will be a strong positive sign should it manage a close above the cloud. Is this just shortcovering ahead of the meeting between Trump and Xi […]

2 min Market Summary: 27 Nov 2018

NOTABLE MOVES   USDJPY, +0.52%, $113.50. EURUSD, -0.04%, $1.1333. GBPUSD, -0.00%, $1.2813. USDCAD, +0.20%, $1.3254. NZDUSD, +0.04%, $0.6775. S&P500, +1.55%, 2,673.45 Nasdaq, +2.06%, 7,081.85 Nikkei, +0.69%, 21,795.28 CURRENCY MARKET WRAP   There were no U.S. prints on Monday. The 2-yr yield added one basis point to 2.83%, and the 10-yr yield added two basis points to 3.07%. […]

2 min Market Summary: 26 Nov 2018

NOTABLE MOVES   USDJPY, +0.01%, $112.95. EURUSD, -0.59%, $1.1341. GBPUSD, -0.50%, $1.2814. USDCAD, +0.36%, $1.3237. S&P500, -0.66%, 2,632.56 Nasdaq, -0.48%, 6,938.98 Nikkei (Bank Holiday) CURRENCY MARKET WRAP   There were no notable U.S. prints on Friday. The 2-yr yield added one basis point to 2.83%, while the 10-yr yield shed one basis point to 3.05%. Dollar remained bid […]

2 min Market Summary: 23 Nov 2018

NOTABLE MOVES   USDJPY, -0.06%, $112.99 EURUSD, +0.16%, $1.1403 GBPUSD, +0.78%, $1.2877 USDCAD, -0.30%, $1.3191 S&P500, (Markets closed for Thanksgiving) Nasdaq, (Markets closed for Thanksgiving) Nikkei, +0.65%, 21,646.55 CURRENCY MARKET WRAP   There were no U.S. prints as markets were closed for Thanksgiving. Data was light as well for the G7 with no notable prints on Thursday. […]

2 min Market Summary: 22 Nov 2018

NOTABLE MOVES   USDJPY, +0.23%, $113.03 EURUSD, +0.16%, $1.1389 GBPUSD, -0.09%, $1.2776 USDCAD, -0.59%, $1.3228 AUDUSD, +0.67%, $0.7262 S&P500, +0.30%, 2,649.93 Nasdaq, +0.92%, 6,972.25 Nikkei, -0.35%, 21,507.54 CURRENCY MARKET WRAP   U.S. Core Durable Goods Orders m/m at 0.1% vs expected 0.4%. Durable Goods Orders m/m -4.4% vs expected -2.2%. Revised UoM Consumer Sentiment at 97.5 vs […]

Trade Opportunities: USDJPY, NASDAQ

USD/JPY Daily Candlesticks & Ichimoku Chart   SHORT  USD/JPY has broken into the daily Ichimoku cloud. Looking to sell rallies if opportunities should arise.   NASDAQ Composite Index (IXIC) Weekly Candlesticks & Ichimoku Chart The NASDAQ Composite Index has started the week badly, with the selloff sending it into the weekly Ichimoku cloud. The cloud has been […]

2 min Market Summary: 21 Nov 2018

NOTABLE MOVES   U.S. Building Permits inline at 1.26M. Housing Starts inline at 1.23M. U.S. Treasuries were quiet for most of the day, with the benchmark 10-yr yield decreasing one basis point to 3.05%. The U.S. Dollar Index rose 0.7% to 96.85, reversing a recent trend that knocked the index from its yearly high. USDJPY up 0.13%, $112.71. […]