Technical Analysis

Printed a new low at 1.09213 A new low in the EURUSD. The pair moved to a new low of 1.09213 which was below the 1.09219 from earlier, which was in turn lower than the September 3 low of 1.09236. The pair is still susceptible to a break and run lower.   Taking a broad look
Stocks are near highs, Gold down, Yields higher. A snapshot of the forex market is showing the USD is king while the GBP is the dirty dog.   The USD is up vs. alll the major currencies with the biggest gain vs the GBP (up 1.03%). The weakest gain for the greenback is a 0.23% rise
The drop continues US 10-year yields bounced from the lows of the year on better signs of a trade deal between the US and China. Arguably, the trade news has continued to be positive but the bond market isn’t believing it. The 10-year is now threatening the 61.8% retracement of the bounce from the lows
Dow up. S&P unchanged. Nasdaq down marginally  The US major indices ran out of steam in the last minutes of trading, and the price action sent the indices off highs.  The final numbers are showing: Dow rose 14.92 points or 0.06% at 26949.99.  The high reached 27011.07. The low extended to 26831.34.   S&P closed near unchanged at 2991.78.
Approaches 1.1000 level.  Low for the week at 1.09894. The EURUSD has now moved below the 1.10135-176 area and is pushing toward the 1.1000 level. Below that is the low for the week at 1.09894. That was reached on Tuesday.   Close risk for shorts looking for more downside is now on a move back above the 50%
S&P unchanged. Nasdaq up marginally. Dow down. The major US stock indices are closing the day with mixed results.  Each however had earlier gains taken away into the close.  Looking at the three major indices, one ended unchanged, one was up marginally and one was down.  The final numbers are showing: S&P index, unchanged at 3006.79. The high reach 3021.99.. The low
Dow industrial average is down -211 points at lows and closes at up 36 points The US stocks recovered after the FOMC signaled a 25 basis point cut, but dot plot showed no additional eases for 2019. However, Powell did say enough in his press conference to suggest that the view can change given global risks and potential weakness. As a result, the major indices start recover
Nasdaq stocks lead the charge The major US indices are trading to new session highs with the Nasdaq leading the way. There is about 15 minutes left in trading. The snap shot is showin: S&P index +6.72 points or 0.22% at 3004.69 NASDAQ index up 27.7 points or 0.34% at 8181.13 Dow industrial average up