Bulletin headline summary from RanSquawk Risk tone soured in Europe as US tariffs concerns and German political instability lead all equity markets into negative territory US President Trump said he spoke to Saudi Arabia’s King Salman on raising production by
July 2, 2018
USD/CAD extended its downside movement from 1.3385 to as low as 1.3129. Further decline could be expected after a minor consolidation and next target would be at 1.2860 area. Resistance is at 1.3220, as long as this level holds, the
Monday’s Swing-Trades: Take a look at three trading ideas to prep you for the next trading session. Long Splunk (SPLK) Long NutriSystem (NTRI) Short Knight-Swift Transportation (KNX)
If the rising trade tension is hurting global growth, short AUD/USD? US trade restrictions, including threatened tariffs on cars and auto parts, would put “the global free trade system at great risk”. Data over the weekend shows that China export
Today I’m reviewing small-cap Norway based shipping and ports firm. It’s name is American Shipping Company ASA It’s trading ticker symbol is ASCJF. American Shipping Co ASA is a ship owning and lease finance company with a fleet product tankers
USD/JPY 4 hour The USD/JPY bullish channel is breaking above a key resistance trend line (dotted red) of a triangle chart pattern, which could indicate a larger bullish continuation within wave Y (pink). A break above the previous top at
USD/JPY 4 hour The USD/JPY bullish channel is breaking above a key resistance trend line (dotted red) of a triangle chart pattern, which could indicate a larger bullish continuation within wave Y (pink). A break above the previous top at
We know that this next week will be a holiday week for U.S. markets, so we’re just going to go straight to the charts this week to recap the fourth and final week of June 2018! Because we’re at the
AUD/USD moved sideways in a trading range between 0.7322 and 0.7443. As long as 0.7443 resistance holds, the sideways movement could be treated as consolidation for the downtrend from 0.7676 and a breakdown below 0.7322 support could take the price
Different week, same focal point for markets: it’s all about trade. Last week ended with a broadside from GM which, in comments filed with the Commerce Department, warned that tariffs could lead to U.S. job losses. On Saturday, Peter Navarro dismissed that
