Tuesday 11th September: UK employment report in the spotlight today – remain vigilant during early London hours!

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EUR/USD: For those who read Monday’s report you may recall the team underlined a possible H4 buy zone marked in green at 1.15/1.1530 (comprised of a round number at 1.15, a support barrier with reasonably strong history at 1.1511, a 50.0% support value at 1.1518 and a double-bottom support at 1.1530). As you can see, … Continue reading Tuesday 11th September: UK employment report in the spotlight today – remain vigilant during early London hours!

Monday 10th September: Asian markets continue to fall as Trump hints on more sanctions

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Global Markets: Asian Stock Markets : Nikkei up 0.27%, Shanghai Composite down 0.97%, Hang Seng down 1.47%, ASX down 0.02% Commodities : Gold at $1197.00 (-0.28%), Silver at $14.12 (-0.39%), Brent Oil at $77.21 (+0.49%), WTI Oil at $68.08 (+0.49%) Rates : US 10-year yield at 2.937, UK 10-year yield at 1.462, Germany 10-year yield … Continue reading Monday 10th September: Asian markets continue to fall as Trump hints on more sanctions

Monday 10th September: Weekly technical outlook and review

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EUR/USD: Weekly Gain/Loss: -0.42% Weekly Close: 1.1551 Weekly perspective: Recently retreating from the underside of a weekly resistance area at 1.1717-1.1862 by way of a bearish pin-bar formation set the stage for further losses last week. Technically speaking, another wave of selling may be in store this week, given the next downside target on this … Continue reading Monday 10th September: Weekly technical outlook and review