Global Markets: Asian stock markets: Nikkei down 0.05 %, Shanghai Composite lost 0.90 %, Hang Seng gained 0.05 %, ASX declined 0.25 % Commodities: Gold at $1208 (+0.05 %), Silver at $16.50 (+0.30 %), WTI Oil at $49.98 (+0.80 %), Brent Oil at $60.45 (+0.95 %) Rates: US 10 year yield at 2.084, UK 10 … Continue reading Tuesday 3rd March: European Open Briefing
EUR/USD: Weekly Timeframe: The weekly timeframe shows that the buyers and sellers are currently seen trading just above a major weekly Quasimodo support level at 1.1109. Daily Timeframe: Similar to the weekly timeframe, the daily timeframe reveals that price is hovering just above a daily demand area at 1.1045-1.1127. This area, as you can probably … Continue reading Tuesday 3rd March: Daily technical outlook and review.
Global Markets: Asian stock markets: Nikkei up 0.15 %, Shanghai Composite gained 0.30 %, Hang Seng rose 0.20 %, ASX rallied 0.60 % Commodities: Gold at $1220 (+0.60 %), Silver at $16.75 (+1.15 %), WTI Oil at $49.39 (-0.75 %), Brent Oil at $62.17 (-0.05 %) Rates: US 10 year yield at 2.009, UK 10 … Continue reading Monday 2nd March: European Open Briefing
EUR/USD: Weekly Timeframe: Last week saw active selling come into the market from just below weekly supply at 1.1678-1.1458. This consequently saw the Euro print a full-bodied bearish candle stretching almost 200 pips from open (1.1388) to close (1.1189). Assuming that the sellers can continue with this tempo, we see very little reason why price … Continue reading Monday 2nd March: Weekly technical outlook and review.
Global Markets: Asian stock markets: Nikkei up 0.05 %, Shanghai Composite gained 0.50 %, Hang Seng rose 0.25 %, ASX 0.35 % higher Commodities: Gold at $1209.90 (-0.05 %), Silver at $16.60 (-0.10 %), WTI Oil at $48.95 (+1.60 %), Brent Oil at $60.85 (+0.80 %) Rates: US 10 year yield at 2.014, UK 10 … Continue reading Friday 27th February: European Open Briefing
