Global Markets: Asian stock markets: Nikkei lost 2.00 % Shanghai Composite fell 3.50 %, Hang Seng declined 2.50 %, ASX dropped 2.10 % Commodities: Gold at $1181.60 (+0.70 %), Silver at $15.87 (+0.65 %), WTI Oil at $58.75 (-1.50 %), Brent Oil at $62.50 (-1.10 %) Rates: US 10 year yield at 2.32, UK 10 … Continue reading Monday 29th June: European Open Briefing
EUR/USD: Weekly view – Last week saw the EUR/USD react bearishly from weekly supply at 1.1532-1.1278, consequently forming a bearish engulfing candle into the close 1.1157 and wiping out any gains accumulated the week before. Trade opened 153 pips lower this morning at 1.1004, which, in our opinion, could potentially fuel a further decline this … Continue reading Monday 29th June: Weekly technical outlook and review.
Global Markets: Asian stock markets: Nikkei up 0.05 %, Shanghai Composite fell 4.00 %, Hang Seng declined 1.50 %, ASX gained 0.15 % Commodities: Gold at $1173.70 (+0.15 %), Silver at $15.80 (-0.05 %), WTI Oil at $59.68 (-0.05 %), Brent Oil at $63.40 (+0.20 %) Rates: US 10 year yield at 2.40, UK 10 … Continue reading Friday 26th June: European Open Briefing
EUR/USD: Weekly view: From the weekly timeframe, we can see that price is currently selling off from the weekly supply area coming in at 1.1532-1.1278. This supply zone, however, is a very significant hurdle in our opinion (held gold lower since the 11th May) since if there’s a sustained break above this area, our long-term … Continue reading Friday 26th June: Daily technical outlook and review.
Global Markets: Asian stock markets: Nikkei down 0.15 %, Shanghai Composite gained 0.30 %, Hang Seng fell 0.50 %, ASX down 0.70 % Commodities: Gold at $1176.80 (+0.30 %), Silver at $15.89 (+0.20 %), WTI Oil at $60.20 (-0.15 %), Brent Oil at $63.50 (-0.20 %) Rates: US 10 year yield at 2.38, UK 10 … Continue reading Thursday 25th June: European Open Briefing
