From Haunted By Markets dated....
The pair continues to retain its broader uptrend as it looks to extend that upside pressure.
How is the day developing when trading ES, Crude, Gold?
Upside resistance is approaching from 170.96 to 190.83.
As I have often commented, market action and reaction are often more about the perception than reality of something. Do not take me wrong, I fully appreciate the rally we have witnessed overnight but find...
USD recovers ahead of key speech from Fed Chairman Powell today GBP dragged lower again by Brexit headlines USDJPY back above 112.50
DJ USDA Grain Inspections for Export in Metric Tons – Jul 16 COUNTRY OF DESTINATION IS REPORTED AS KNOWN AT THE TIME OF EXPORTATION.
USDJPY is in bullish mode after a strong leg up from 110.28 which can be wave three based on the Elliott wave guidelines.
Trend is getting stronger
COTTON General Comments: Cotton was slightly lower after trading both sides of unchanged. After the close, USDA released new crop progress and condition ratings. [...]
Bulls have firm near-term chart advantage as price at four-month high.
Futures are lower on the belief that Federal Reserve ChairmanJerome Powells testimony could be on the hawkish side.
Trading ES, Crude Oil and Gold today.
Today in gold news, we look at Fed Chair Jerome Powell's testimony before the Senate. Find out what Powell had to say about the state of the economy.
Cash should be weak to lower after experiencing a soft/lower performance on Monday. The show list is only slightly larger for this week, estimated at 285,800 compared to 282,700 LW and 284,900 LY.
We start off this Tuesday with Capacity Utilization and Industrial Production at 8:15 A.M. followed with API Energy Stocks at 3:30 P.M. Yesterday’s Corn Export [...]
Can soybeans breakout of their slump?
Oil prices got whacked on oil supply, real and imagined. Talk of futures strategic petroleum reserve releases along with signs of real increases of production [...]
Corn Rating Falls More Than Expected