Tuesday 4th September: USD mildly positive as markets look to shake off the US holiday.

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EUR/USD: The EUR/USD employed more of a sober tone on Monday, thanks largely to US banks closing its doors in observance of Labor Day. Despite Friday’s action reclaiming the 1.16 handle to the downside, sellers were incapable of defending the underside of this number as resistance on Monday. The H4 candles, as you can see, … Continue reading Tuesday 4th September: USD mildly positive as markets look to shake off the US holiday.

Monday 3rd September: Asian markets lower as US-Canda talks fail, uncertainty over Sino-US tariffs continue

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Global Markets: Asian Stock Markets : Nikkei down 0.59%, Shanghai Composite down 0.80%, Hang Seng down 1.03%, ASX down 0.10% Commodities : Gold at $1206.30 (-0.03%), Silver at $14.53 (-0.22%), Brent Oil at $77.42 (-0.28%), WTI Oil at $69.59 (-0.30%) Rates : US 10-year yield at 2.860, UK 10-year yield at 1.431, Germany 10-year yield … Continue reading Monday 3rd September: Asian markets lower as US-Canda talks fail, uncertainty over Sino-US tariffs continue

Monday 3rd September: Weekly technical outlook and review

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EUR/USD: Weekly Gain/Loss: -0.16% Weekly Close: 1.1600 Weekly perspective: By way of a tasty-looking bearish pin-bar formation, the shared currency shook hands with the underside of a resistance area at 1.1717-1.1862 last week. This – coupled with room seen for the pair to stretch as far south as demand coming in at 1.1312-1.1445 – will … Continue reading Monday 3rd September: Weekly technical outlook and review

US Labour Day Trading Schedule

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Dear Trader, Please find our Updated trading schedule and general information for the US Labor Day Holiday on Monday, 3rd September 2018 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  (Mon) 3rd September 2018 – Normal Trading … Continue reading US Labour Day Trading Schedule