Ohio governor DeWine tests positive for COVID-19

6 Aug 2020
Ohio leader catches the coronavirus
Two days ago DeWine have a briefing to reporters on the virus. A week ago, the state set a one-day record for cases at 1733.
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US dollar dips after Trump talks about payroll tax cut order

6 Aug 2020
Trump says executive order coming on a payroll tax cut and eviction protections
Trump can delay the collection or payroll taxes and he can ban evictions for a time, but eventually those payments will come due. The idea may be that the end of the deferral will put pressure on Congress to waive it but it
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EURUSD moves to new NY session high as London traders head for the exits

6 Aug 2020
Pair is back higher on the day
As London/European traders had for the exits, the EURUSD is trading to new NY/London session highs.  
In addition, the pair is now trading higher on the day. It is currently trading at 1.1886, that's up around 24 pips on the day. The pair traded as low as 1.18173. At the low, the pair could not
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Five days only: TradeON Summit sessions still available for viewing

6 Aug 2020
See what you missed
Last week saw the highly anticipated TradeON Summit, which proved to live up
to the hype as the summer's biggest virtual event in the industry. Were you
unable to attend or simply wanted to from the event? We have got you covered!
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European shares end the day lower. UK's FTSE falls -1.1%.

6 Aug 2020
Down day for the major indices
The provisional closes are showing:
In the European debt market, the benchmark 10 year yields all fell on the day.
In other markets as the European/London traders look to exit:
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EURJPY snaps back after run below 100 hour MA fails at Asian swing low

6 Aug 2020
Buyers and sellers try breaks but fails
The EURJPY moved above the high from last week yesterday at 125.196. That break so traders use the old level as support and make a run to a new high at 125.578 in the early European session. 
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US dollar creeps higher as sentiment sags. AUD/USD higher into the fix

6 Aug 2020
Typical pre-NFP day
The US dollar has found a bid today despite US 10-year yields falling back towards 0.50%. The theme is modest risk aversion as Congressional negotiations on stimulus stall.
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S&P and NASDAQ reach new session lows

6 Aug 2020
A reversal has the broader indices back negative and the day
We are already seeing a rebound off the lows but the indices still remain negative on the day. The S&P is down -5.78 points while the NASDAQ index is down -19 points.
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Florida death, hospitalizations and positivity all fall in latest data

6 Aug 2020
Backlog of tests worked through
The daily numbers from Florida show a jump in tests but cases no rising at nearly the same pace.
The improvement in positivity is good and things are heading slowly in the right direction. This data isn't quite as good as it appears though, the tests skew towards the gulf coast of
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USDCHF moves toward MA targets (and other resistance targets).

6 Aug 2020
100 hour MA at 0.9131. 200 hour MA at 0.9142
The  USDCHF is trading to a new session high and in the process is approaching the 100 hour moving average at 0.91312. On Tuesday, the price move below that moving average level. Yesterday, the price stayed below that level and push lower. That move lower did take out the
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