Рубрика: News

News forex

EURUSD tests the 1.1874-76 target

200 hour MA being tested (green line). Trend line broken… The EURUSD is down testing the 1.1875-76 area.  The 1.1875 is the 200 hour MA. The 1.1876 is the ubiquitous 2010 low.   A move below opens the door for a move toward the lows for the week at 1.1822. There ares swing highs in the […]

Mixed picture for August US auto sales

Highlights from the auto sales data Ford US light-vehicle sales -2.1% vs est -3.5% Fiat Chrysler auto sales -10.6% vs -5.9% est GM auto sales +7.5% vs +3.7% est Toyota +6.8% vs +7.8% est Nissan -13% vs -0.6% est There is talk that the damage from Harvey could solve the US overproduction and inventory