Thursday 18th April: Asian markets fall as investors stay on sidelines for upcoming holiday

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Global Markets: Asian Stock Markets : Nikkei down 0.86%, Shanghai Composite down 0.21%, Hang Seng down 0.61%, ASX down 0.11% Commodities : Gold at $1274.25 (-0.20%), Silver at $14.91 (-0.21%), Brent Oil at $71.60 (-0.03%), WTI Oil at $63.77 (+0.02%) Rates : US 10-year yield at 2.570, UK 10-year yield at 1.235, Germany 10-year yield … Continue reading Thursday 18th April: Asian markets fall as investors stay on sidelines for upcoming holiday

Thursday 18th April: Euro consolidates around 1.13 ahead of today’s Eurozone PMIs

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EUR/USD: Trading volume remained thin Wednesday as markets begin edging their way into the Easter holiday. As demonstrated on the H4 timeframe, price continues to range, limited by 1.1323/1.1280 (yellow). It might also be worth pencilling in the 1.13 handle housed within the consolidation and the surrounding channel (ascending) formation (1.1183/1.1254). In addition to this, … Continue reading Thursday 18th April: Euro consolidates around 1.13 ahead of today’s Eurozone PMIs

Wednesday 17th April: Asian markets sideways – markets look for fresh stimulus

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Global Markets: Asian Stock Markets : Nikkei up 0.26%, Shanghai Composite up 0.51%, Hang Seng up 0.05%, ASX down 0.37% Commodities : Gold at $1280.75 (+0.28%), Silver at $15.00 (+0.58%), Brent Oil at $72.05 (+0.46%), WTI Oil at $64.53 (+0.75%) Rates : US 10-year yield at 2.599, UK 10-year yield at 1.222, Germany 10-year yield … Continue reading Wednesday 17th April: Asian markets sideways – markets look for fresh stimulus

Wednesday 17th April: Focus shifts to UK inflation in early London – remain vigilant

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EUR/USD: The single currency soured in the face of a healthy dollar Tuesday, consequently reclaiming 1.13 to the downside on the H4 timeframe. According to our technical studies, the move potentially sets the stage for a run towards channel support (extended from the low 1.1183), followed by 1.1250 support. Assisting sellers is channel resistance (taken … Continue reading Wednesday 17th April: Focus shifts to UK inflation in early London – remain vigilant

Easter Holidays Schedule 2019

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Dear Trader, Please find our Updated trading schedule and general information for the Easter Holidays starting Friday, 19th April 2019 below. All times mentioned below are Platform time (GMT +3). If you have any questions or require any assistance, please contact one of our support team members via Live Chat,email: support@icmarkets.com, or phone +61 (0)2 8014 4280. Forex: (Fri) 19th April … Continue reading Easter Holidays Schedule 2019