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Market Recap-No breakthrough between US-China, UBER goes Public

The highly anticipated 11th round of trade negotiations between Liu He and Bob Lighthizer has not resulted in a compromise. Negotiations will continue today, but the default scenario includes the USA imposing higher tariffs and expanding the range of Chinese products that are being taxed and China enacting counter measures. In this gloomy environment UBER […]

Strong short-covering rally in the euro…

  Good Morning,   – The dollar gave up some ground against the euro yesterday, as the ECB refrained from detailing any expansion of its stimulus program. All eyes today on US payrolls data. – The strong short-covering rally in the euro sent the dollar index to 88.633, down from a 5-1/2-year pick of 89.122 […]

EURJPY Daily Trading Plan

This analysis may give two potential trading setups by providing entries as well as exits. We keep it really simple and straightforward. Always review your own analysis, if there is a confluence between this and your own strategy, then you may have even better trading setups. On the chart, two levels indicate the BUY (green) […]