EUR/USD: Weekly view: From the weekly timeframe, we can see that price is still being held lower by a weekly supply area coming in at 1.1532-1.1278. This supply zone is a very significant hurdle in our opinion (held price lower since the 11th May) since if there’s a sustained break above this area, our long-term … Continue reading Thursday 25th June: Daily technical outlook and review.
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Wednesday 24th June: European Open Briefing
Global Markets: Asian stock markets: Nikkei up 0.50 %, Shanghai Composite gained 0.90 %, Hang Seng rose 0.15 %, ASX 0.25 % higher Commodities: Gold at $1176 (-0.05 %), Silver at $15.78 (+0.30 %), WTI Oil at $61.00 (+0.05 %), Brent Oil at $64.45 (-0.25 %) Rates: US 10 year yield at 2.40, UK 10 … Continue reading Wednesday 24th June: European Open Briefing
Wednesday 24th June: Daily technical outlook and review.
EUR/USD: Weekly view: From the weekly timeframe, we can see that price is selling off from a weekly supply area at 1.1532-1.1278. This supply zone is a very significant hurdle in our opinion (held price lower since the 11th May) since if there’s a sustained break above this area, our long-term bias (currently short) on … Continue reading Wednesday 24th June: Daily technical outlook and review.
Tuesday 23rd June: European Open Briefing
Global Markets: Asian stock markets: Nikkei up 1.50 %, Shanghai Composite fell 2.50 %, Hang Seng gained 0.40 %, ASX rose 1.30 % Commodities: Gold at $1186 (+0.20 %), Silver at $16.08 (-0.40 %), WTI Oil at $60.05 (-0.50 %), Brent Oil at $63.15 (-0.30 %) Rates: US 10 year yield at 2.39, UK 10 … Continue reading Tuesday 23rd June: European Open Briefing
Tuesday 23rd June: Daily technical outlook and review.
EUR/USD: Weekly view: From the weekly timeframe, we can see that price is lingering within a weekly supply area at 1.1532-1.1278. This supply zone is a very significant hurdle in our opinion (held price lower since the 11th May) since if there’s a sustained break above this area, our long-term bias (currently short) on this … Continue reading Tuesday 23rd June: Daily technical outlook and review.