EUR/USD: Weekly view: The weekly timeframe shows that price is 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 will … Continue reading Thursday 18th June: Several high-impacting events due to hit the wire today – remain vigilant.
Global Markets: Asian stock markets: Nikkei down 0.40 %, Shanghai Composite fell 1.25 %, Hang Seng gained 0.40 %, ASX rose 1.05 % Commodities: Gold at $1180 (-0.10 %), Silver at $15.95 (-0.10 %), WTI Oil at $60.50 (+0.10 %), Brent Oil at $63.75 (-0.15 %) Rates: US 10 year yield at 2.30, UK 10 … Continue reading Wednesday 17th June: European Open Briefing
EUR/USD: Weekly view: The weekly timeframe shows that price is currently nibbling at the underside of 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) … Continue reading Wednesday 17th June: Volatility is expected in the markets today as the FOMC takes center stage at 6pm GMT.
Global Markets: Asian stock markets: Nikkei up 0.30 %, Shanghai Composite fell 0.60 %, Hang Seng declined 1.70 %, ASX fell 0.40 % Commodities: Gold at $1186 (+0.20 %), Silver at $16.03 (-0.30 %), WTI Oil at $60.60 (+1.00 %), Brent Oil at $64.30 (+0.70 %) Rates: US 10 year yield at 2.35, UK 10 … Continue reading Tuesday 16th June: European Open Briefing
EUR/USD: Weekly view: The weekly timeframe shows that price is currently nibbling at the underside of 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) … Continue reading Tuesday 16th June: Daily technical outlook and review.
