No Picture

USD demand sees EURUSD down through 1.1580

November 7, 2017 Mike Paterson 0

It’s finally broken down through 1.1580 to post lows not seen since July
I warned earlier in a post that a break of 1.1580 should trigger stops and we’ve now seen a rush down to 1.1566 with EURGBP testing 0.8800
The post USD demand sees EURU…

No Picture

Trump says it’s time to act with urgency and determination with North Korea

November 7, 2017 Mike Paterson 0

Trump/Moon holding press conference in Seoul 7 Nov
– thinks NK understands US has unparalleled military strength
– believes it makes sense for NK to come to the table and make a deal good for NK
No freebies then Don, seeing how you’re being so vocal ab…

The post Trump says it’s time to act with urgency and determination with North Korea appeared first on Forex news forex trade.

No Picture

UK Halifax Oct HPI mm 0.3% vs 0.2% exp

November 7, 2017 Mike Paterson 0

UK Halifax Oct HPI survey now out 7 Nov
– 0.8% prev
– yy 4.5% as exp vs 4.0% prev
UK housing market still in subdued mood as weaker London markets spill further out.
The post UK Halifax Oct HPI mm 0.3% vs 0.2% exp appeared first on Forex news forex tra…

No Picture

Trading ideas for the European session

November 7, 2017 Mike Paterson 0

Your daily thread to exchange trading ideas and thoughts 7 Nov
All contained still so what’s your strategy to alleviate the boredom? Sit and wait? Intra-day jobbing the tight ranges?
The post Trading ideas for the European session appeared first o…

No Picture

Nikkei 225 closes up +1.73% at 22,937.60

November 7, 2017 Mike Paterson 0

The march higher continues for Japanese equities 7 Nov
Expect offers/res around 114.20-30 and more demand into 113.60 still.
The post Nikkei 225 closes up +1.73% at 22,937.60 appeared first on Forex news forex trade.