by Michael Bridgman | Oct 25, 2018 | Forex Tips
The USD has been stronger the past two days. ECB President Mario Draghi gave the market very little new information today and reiterated the obvious Brexit and Italy concerns weighing on the Euro. Equity markets sold off heavily yesterday and are attempting a recovery...
by Michael Bridgman | Oct 18, 2018 | Forex Tips
The FOMC meeting yesterday confirmed that the U.S. economy continues to be very strong and the concern centers on how many more rate increases will be necessary to strategically slow it down. Today the EURJPY spent some time stay above its Asian high but...
by Michael Bridgman | Oct 17, 2018 | Forex Tips
The market has not offered many trade setups that I have wanted to participate in the past couple of weeks. The ones that have been appealing have produced less than they usually would. Today the market seemed to align itself once again with some moderate USD...
by Michael Bridgman | Oct 12, 2018 | Forex Tips
The markets have become volatile in October once again. It was a shortened trading week in North America and equity markets were making the headlines as they began to sell off. As U.S. yields continue to rise, the market participants looking for a safe return tend to...
by Michael Bridgman | Sep 28, 2018 | Forex Tips
The USD showed moderate strength today and as the U.S. session got underway, an entry long was found on the USDJPY risking 11 pips for a potential 39 pips to our daily target (not shown) at 113.82. Price moved up but failed twice to close above its Asian session high...
by Michael Bridgman | Aug 14, 2018 | Forex Tips
The situation in Turkey has not been resolved. The markets are currently focused on the area and contagion through emerging market currencies as well as European bank exposure are weighing heavily. With a downward trending EURUSD, we were able to find a short...
