Global Markets: Asian stock markets: Nikkei up 0.80 %, Hang Seng gained 0.40 %, ASX rose 0.20 %, Shanghai Composite closed for holiday Commodities: Gold at $1199 (-0.25 %), Silver at $16.08 (-0.15 %), WTI Oil at $59.80 (-0.25 %), Brent Oil at $62.90 (+0.05 %) Rates: US 10 year yield at 2.29, UK 10 … Continue reading Monday 22nd June: European Open Briefing
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Monday 22nd June: Weekly technical outlook and review – Emergency Euro group meeting could cause volatility in today’s markets.
EUR/USD: Weekly view: The EUR/USD enjoyed another relatively positive week last week, gaining about 84 pips into the close 1.1345. However, despite this recent advance, price is now lingering within a weekly supply area at 1.1532-1.1278, thus we have to be prepared for possibility that active sellers may come into the market this week. This … Continue reading Monday 22nd June: Weekly technical outlook and review – Emergency Euro group meeting could cause volatility in today’s markets.
Friday 19th June: European Open Briefing
Global Markets: Asian stock markets: Nikkei up 0.75 %, Shanghai Composite fell 2.00 %, Hang Seng rose 1.10 %, ASX gained 1.35 % Commodities: Gold at $1199 (-0.20 %), Silver at $16.11 (-0.25 %), WTI Oil at $60.77 (-0.10 %), Brent Oil at $64.25 (+0.15 %) Rates: US 10 year yield at 2.32, UK 10 … Continue reading Friday 19th June: European Open Briefing
Friday 19th June: Daily technical outlook and review.
EUR/USD: Weekly view: The weekly timeframe shows that price is currently trading within 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 bias (currently short) on this pair … Continue reading Friday 19th June: Daily technical outlook and review.
Thursday 18th June: European Open Briefing
Global Markets: Asian stock markets: Nikkei down 0.85 %, Shanghai Composite fell 0.20 %, Hang Seng declined 0.05 %, ASX dropped 1.50 % Commodities: Gold at $1187 (+0.90 %), Silver at $16.14 (+1.20 %), WTI Oil at $60.00 (-0.55 %), Brent Oil at $63.65 (-0.05 %) Rates: US 10 year yield at 2.27, UK 10 … Continue reading Thursday 18th June: European Open Briefing