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USD/JPY continues to edge lower towards 149
Since earlier this morning the USD/JPY has been steadily leaking lower and that has allowed the EUR/USD to just now rise back above the 1.0900 handle. The Euro has therefore successfully managed to hold above its 200 day moving average (1.0874). The low seen earlier was set at 1.0885. The Euro is just now trading at 1.0907 leading into the latest German ZEW index due out at 9am GMT. The USD/JPY has just now hit a session low at 149.04. It is currently trading at 149.08
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Gold edging lower again- more updates early tomorrow morning
Owing to technical reasons, after this there will be no more updates from this analyst until early tomorrow morning. In the meantime, we should note...
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DAX still attracting the flow as it pushes to session highs above 22,425
Not long ago the DAX lifted above 22,425 and that means it has lifted further above the last technical rebound level of note (22,299.29). Of course it...
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Another technical look at the S+P 500 with big earnings due this week
There is not that much of importance due out today in terms of US data releases or Q1 earnings reports. However, as far as earnings go, that sees...
