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Dollar all over the place as the markets digest the plan, the chances, the good, the bad

November 2, 2017 Greg Michalowski 0

Ups and downs
Whip it. Whip it good…
The markets are all over the place as the markets (forex, stock, debt) digest the tax plan, the chances of the tax plan, the good and the bad.  Needless to say, the spin doctors will be out with one side sayi…

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Forex technical analysis: USDJPY trades up and down between levels. Little impact from tax plan.

November 2, 2017 Greg Michalowski 0

MAs stall the fall earlier.  Trend line stalls the rally.
The USDJPY has been trading down and up today.
The “down” found support at the key 100 AND 200 hour MAs (blue and green lines in the chart above).  Those levels come in at 11…

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US stocks lower in early trading

November 2, 2017 Greg Michalowski 0

Nasdaq down. S&P down a little. Dow Unchanged
The US major stock indices were trading unchanged to down in early trading.
In the US a debt market currently yields are lower
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