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08/21/2018 21:21
Release： 08/21/2018 21:21
Update： 04/08/2021 02:35
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August 22, 2018 08:14: Overseas market [From Mr. YEN’s newsletter]

Yesterday's overseas markets showed a dollar-selling trend, and YEN ZOUさん comments on the factors in the investment newsletter “Real Top Trading” (Dake Tashiro) provided by GogoJungle as follows.


The EUR/USD faced resistance around 1.1540, but overall, in a risk-on environment, it moved higher, breaking stops up to around 1.1575.
Oil-related sectors rose with WTI climbing, the SP 500 hit new highs on strong earnings, and optimistic views on U.S.-China trade talks provided supporting factors.
Following President Trump's remarks yesterday aiming to restrain rate hikes, Michael Cohen, President Trump's personal lawyer, admitted to violating campaign finance laws and agreed to a cooperation deal with prosecutors.
This also raised considerations about the November midterm elections, making it another dollar-selling factor. (Original wording preserved)

Quoted from YEN ZOU’s real-time newsletter ‘Real Top Trading’ (Dake Tashiro).


YEN ZOU is closely watching whether the EUR/USD's downtrend around 1.15 will continue as is. (Editorial staff)


EUR/USD, daily chart.



Full-time real-trade by FX top pro trader YEN ZOU
Get the ‘Real Top Trading’ newsletter here!


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■ Important Matters and Risk Warnings Regarding Investment Products 【Financial Instruments Business Operator】
GogoJungle Inc.
Registration: Director-General of the Kanto Local Finance Bureau (Financial Instruments Business) No. 1960
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Japan Investment Advisers Association
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Company Name: GogoJan Co., Ltd. Financial Instruments Business Registration Number: Kanto Local Finance Bureau (Financial Instruments) No. 1960 Member Association: Japan Investment Advisers Association Company Name: GogoJan Co., Ltd. Financial Instruments Business Registration Number: Kanto Local Finance Bureau (Financial Instruments) No. 1960 Member Association: General Incorporated Association
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