Technical Analysis

Sanctions talk hits Russia hard The ruble is the world’s worst performing currency today, falling 3.06%. That compounds the pain in Russian equity markets. This afternoon, the US State Dept released a statement saying: “Russia was found to have “used chemical or biological weapons in violation of international law or had used lethal chemical or
Forex news for North American trade on Aug 3, 2018: Markets: Gold up $6 to $1213 WTI crude down 34-cents to $$68.62 S&P 500 up 14 points to 2480 US 10-year yields down 4 bps to 2.95% AUD leads, EUR lags Non-farm payrolls was close to estimates but on the soft side, including a downward
USDJPY falls below 200 hour MA  The USDJPY has fallen below its 200 hour MA line at 111.30. Earlier the price fell below the 100 hour MA and trend line turning the bias more negative. In other JPY pairs, they are also breaking lower.   Looking at the GBPJPY, the pair fell below a lower trend