G10 FX Analysis

President Donald Trump retaliates back at China on Friday after the FX markets close, by increasing American levies on Chinese goods. Frankly, it doesn’t look as bad as the market probably thought. Guess what? Here we go again with financial media looking to milk the fear. Will not be surprised …

EUR/USD killed me today. I was having fun buying 1.1380s and selling 5 to 6 pips higher but as usual, the market reminded me that buying dips when momentum is on the other side is like picking pennies in front of a steamroller. I did think EUR would be bid …

Yesterday, I highlighted that USD was bid during the North American session and was offered in the Asian session. That is still the case today. USDJPY is trading around 110. It is below it is daily pivot (110.12) and I see it hitting at least the first resistance at 109.80. Today, …