Dear Trader,Please find our Updated trading schedule for US Memorial Day Schedule on Monday, 25th May 2020 below. All times mentioned below are Platform time (GMT +3).
Category: Featured
Wednesday 20th May: Technical Outlook and Review.
Key risk events today: UK Inflation; Canada Inflation; BoE Gov. Bailey Speaks; FOMC Meeting Minutes. (Previous analysis as well as outside sources – italics). EUR/USD: Europe’s shared currency extended Monday’s vigorous recovery against the US dollar on Tuesday, scoring highs at 1.0976. EUR/USD, as you can see, tested H4 Quasimodo resistance at 1.0972, missing a … Continue reading Wednesday 20th May: Technical Outlook and Review.
Tuesday 19th May: Technical Outlook and Review
The euro kicked off the week strongly amid heightened risk appetite. EUR/USD rebounded from 1.08 following a slowing in Eurozone COVID-19 cases and reports France and Germany are now backing joint EU debt issuance.
Monday 18th May: Weekly Technical Outlook and Review
EUR/USD retained a modest offer over the course of last week, testing and holding south of the 2016 yearly opening level at 1.0873. A bump lower this week could have multi-year lows enter at 1.0635, while firming may eventually witness the 2020 yearly opening level at 1.1222 make a play.
Friday 15th May: Technical Outlook and Review
Key risk events today: China Fixed Asset Investment ytd/y and Industrial Production y/y; German Prelim GDP q/q; US Core Retail Sales m/m and Retail Sales m/m; US Prelim UoM Consumer Sentiment. (Previous analysis as well as outside sources – italics). EUR/USD: Thursday’s fleeting recovery attempt north of 1.08 fell flat as broad-based USD upside capped … Continue reading Friday 15th May: Technical Outlook and Review