Global Markets: Asian stock markets: Nikkei down 0.60 %, Shanghai Composite lost 1.55 %, Hang Seng declined 1.35 %, ASX fell 0.40 % Commodities: Gold at $1181 (+0.15 %), Silver at $15.88 (+0.35 %), WTI Oil at $60.20 (-0.30 %), Brent Oil at $64.40 (-0.40 %) Rates: US 10 year yield at 2.34, UK 10 … Continue reading Monday 15th June: European Open Briefing
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Monday 15th June: Weekly technical outlook and review.
EUR/USD: Weekly view: Last week’s trading action saw the Euro market close at 1.1261 – a mere seventeen pips below a clear area of weekly supply coming in at 1.1532-1.1278. Therefore, for anyone considering longs on this pair this week, you may want to take a note of this. This supply zone, at least to … Continue reading Monday 15th June: Weekly technical outlook and review.
Friday 12th June: European Open Briefing
Global Markets: Asian stock markets: Nikkei down 0.20 %, Shanghai Composite gained 0.45 %, Hang Seng rose 0.70 %, ASX declined 0.30 % Commodities: Gold at $1182 (+0.20 %), Silver at $15.94 (-0.10 %), WTI Oil at $60.44 (-0.55 %), Brent Oil at $64.85 (-0.15 %) Rates: US 10 year yield at 2.37, UK 10 … Continue reading Friday 12th June: European Open Briefing
Friday 12th June: Daily technical outlook and review.
EUR/USD: Weekly view – From the weekly timeframe, we can see that price is now crossing swords with the weekly supply area coming in at 1.1532-1.1278 again. This supply zone is a very significant hurdle in our opinion since if there is a sustained break above this area, our long-term bias on this pair will … Continue reading Friday 12th June: Daily technical outlook and review.
Thursday 11th June: European Open Briefing
Global Markets: Asian stock markets: Nikkei up 1.40 %, Shanghai Composite lost 0.20 %, Hang Seng rose 0.80 %, ASX rallied 1.40 % Commodities: Gold at $1186 (-0.05 %), Silver at $15.98 (+0.15 %), WTI Oil at $61.20 (-0.40 %), Brent Oil at $65.55 (-0.10 %) Rates: US 10 year yield at 2.48, UK 10 … Continue reading Thursday 11th June: European Open Briefing