@paxtrader777 May have to do this for my son. Been looking for an alternative for him now that he's driving. Thanks for the tip and really glad your daughter is relatively ok! Hope her wrist heals quickly
UK/EU Session Update: #AUDUSD, still the closest follower of #SPX and risk, has given in to the equity market pressure. Breaking below 0.6980/90, which coupled to 0.7000/05 turns into resistance, it's approaching the 78.6 at 0.6930. Below prior 0.6900 lows await if USD continues to benefit from current events.
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BREAKING: Iran directly rejects Pakistan’s claim that Iran and the US have reached an agreement to lower Iran’s enriched uranium stockpile, saying the nuclear file is not even on the agenda for this round of talks in Switzerland or any later round until the US implements all of its commitments, and none of the nuclear committee members are part of the Iranian delegation, per Fars.
Iran also says IAEA Director Grossi has no role in the negotiations, with nuclear talks only to be considered after the US implements clauses 1, 4, 10, and 11 of the MOU including the immediate end to military operations in Lebanon and Israeli withdrawal, removal of the naval blockade, oil sanctions waivers, and full release of frozen Iranian funds.
Happy Father’s Day to all the incredible dads out there!
Some of life’s greatest lessons don’t come from the markets—they come from being a father. Hope everyone gets to spend some quality time with the people who matter most today.
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I think what is lost to everyone is an MOU is a memorandum of understanding, its not "a deal" It is an agreement to continue talks within a frame work for another 60 days
UK/EU Session Update: Another jump in #SPX on another Trump promise.
Back to ATH's we go?
Friday saw us struggling around the 7455/60 area but we've gapped above there above 7514/20.
That and the 7500 level are the close supports.
Expect some resistance at 7540, otherwise, it's the 7555/70 area, the 7600.
If you watch the end of the Week Ahead videos, I give you three trade setups. I also review the previous week's as well, every week.
One of them is there now!