US Oct building permits revised up to 7.4% from 5.9%

US Oct building permits revision just out 28 Nov
– annual rate revised up to 1.316mln from 1.297mln
Good news from the US housing sector.
USD demand continuing with GBPUSD now posting lows of 1.3273, EURUSD 1.1880 but JPY and CHF demand too with USDJPY…

Germany Dec GFK consumer confidence 10.7 as expected

German Dec GFK consumer confidence data now out 28 Nov
– 10.7 prev
Ntg to see here
The Gfk German Consumer Climate Index measures the level of consumer confidence in economic activity. The data is compiled from a survey of about 2,000 consumers which a…

How to distinguish a real breakout from a false one

Technical analysis offers a lot of instruments to determine important levels. We draw these levels through previous highs and lows, find them with the help of Fibonacci tools and pivot points, trendlines etc. At first sight, the theory is simple: when …

USD demand prevailing again in fragile markets

FX desks scared of their own shadow again 28 Nov
USD demand returning as traders/bots still try to find today’s weak spot.
USDCHF up to 0.9835, USDCAD 1.2805,  EURUSD down to 1.1878, GBPUSD down to 1.3288, AUDUSD breaching 0.7600, NZDUSD…

Bitcoin inches closer to $10,000 mark

Currently trading around the $9,850 level
It feels like it’s only a matter of time till it happens, doesn’t it?
As more institutional investors get their hands on the cryptocurrency, you can’t help but feel that the party is going to keep on going. And…

More from the order boards 28 Nov

Here’s the latest on other key pairs 28 Nov
Note: Offers = Sellers at these levels. Bids = Buyers at these levels.
These orders, and the others I post, are generally good until filled/ level breached.