Global Markets: Asian Stock Markets : Nikkei up 0.62%, Shanghai Composite up 0.57%, Hang Seng up 0.22%, ASX down 0.64% Commodities : Gold at $1219.10 (-0.32%), Silver at $14.35 (-0.26%), Brent Oil at $67.22 (+0.69%), WTI Oil at $57.27 (+1.04%) Rates : US 10-year yield at 3.070, UK 10-year yield at 1.414, Germany 10-year yield … Continue reading Monday 19th November: Asian markets mixed Fed signalling and US-Sino deal prospects
EUR/USD: Weekly Gain/Loss: +0.85% Weekly Close: 1.1416 Weekly perspective: A stronger-than-expected rebound developed just north of demand at 1.1119-1.1212 last week, consequently breaking a four-week bearish phase. Continued buying from this point could eventually lift the unit towards trend line resistance (etched from the high 1.2476), trailed closely by a resistance area at 1.1717-1.1862. Daily … Continue reading Monday 19th November: Weekly technical outlook and review.
EUR/USD: The EUR/USD logged its third successive daily gain Thursday, up 0.16% on the day. The H4 candles, as you can see, remained buoyant above its 1.13 handle, poised to potentially make a run for 1.14/1.1.1372 sometime today. Shaded in green, 1.14/1.1.1372 is comprised of the 1.14 handle, a 61.8% Fib resistance value at 1.1392 … Continue reading Friday 16th November: US and China resume high level trade talks though the DXY remains supported at 97.00
Global Markets: Asian Stock Markets : Nikkei down 0.53%, Shanghai Composite up 0.90%, Hang Seng up 0.14%, ASX down 0.09% Commodities : Gold at $1215.50 (+0.04%), Silver at $14.29 (+0.19%), Brent Oil at $67.28 (+0.99%), WTI Oil at $56.94 (+0.85%) Rates : US 10-year yield at 3.114, UK 10-year yield at 1.357, Germany 10-year yield … Continue reading Friday 16th November: Asian markets mixed on US-China dealspeak and Brexit plans
