EUR/USD: Weekly Timeframe: The Euro continues to depreciate against the Dollar as price is forced deep within the lower limits of a weekly demand area seen at 1.0499-1.0740. A break below here would likely attract further selling down towards a long-term weekly swap level coming in at 1.0411, which has remained a significant hurdle since1997. … Continue reading Thursday 12th March: Daily technical outlook and review
A Series of Forex Webinars on Technical Trading Webinar #2 – "Forex Market Structure" The Forex Market is different, find out WHY? Presented by Partha Banerjee of Trade View Investments (Proprietary Trading Firm) Wednesday 18th March 2015 7:30 PM AEDT 8:30 AM GMT 3:30 AM EDT Click Here to Register Dear Trader, This is … Continue reading Technical Trading Webinar #2- Forex Market Structure
Global Markets: Asian stock markets: Nikkei up 0.40 %, Shanghai Composite gained 0.20 %, Hang Seng lost 0.65 %, ASX declined 0.50 % Commodities: Gold at $1162 (+0.20 %), Silver at $15.69 (+0.35 %), WTI Oil at $48.92 (+1.30 %), Brent oil at $56.83 (+0.25 %) Rates: US 10 year yield at 2.132, UK 10 … Continue reading Wednesday 11th March: European Open Brieifing
EUR/USD: Weekly Timeframe: The weekly timeframe shows that further downside has been seen, thereupon forcing the Euro into a weekly demand area formed back in early 2003 at 1.0499-1.0740. Daily Timeframe: From the daily timeframe, we can see that yesterday’s daily candle took out a major daily demand area coming in at 1.0760-1.0872 (encapsulates major … Continue reading Wednesday 11th March: Daily technical outlook and review
Global Markets: Asian stock markets: Nikkei down 0.80 %, Shanghai Composite lost 0.10 %, Hang Seng declined 0.60 %, ASX is up 0.05 % Commodities: Gold at $1160 (-0.50 %), Silver at $15.70 (-0.50 %), WTI Oil at $50.15 (+0.30 %), Brent Oil at $58.58 (+0.20 %) Rates: US 10 year yield at 2.195, UK … Continue reading Tuesday 10th March: European Open Briefing
