The British pound continued to add to gains against the US dollar Wednesday, latching onto a strong grip following the break of the 1.24 handle on the H4 and June’s opening level at 1.2345, as well as trend line resistance, taken from the high 1.2813.
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Wednesday 1st July: Asian markets mixed on upbeat Chinese data
Global Markets: Asian Stock Markets : Nikkei down 0.75%, Shanghai Composite up 1.38%, ASX up 0.62% Commodities : Gold at $1806.95 (+0.36%), Silver at $18.75 (+0.59%), Brent Oil at $42.20 (+2.25%), WTI Oil at $40.20 (+2.37%) Rates : US 10-year yield at 0.682, UK 10-year yield at 0.189, Germany 10-year yield at -0.439 News & … Continue reading Wednesday 1st July: Asian markets mixed on upbeat Chinese data
Wednesday 1st July: Technical Outlook and Review
It was a one-sided market as GBP/USD overthrew the 1.23 handle and June’s opening level at 1.2345, structure based on the H4 timeframe. This led to a near-test of 1.24, a level merging with April’s opening level at 1.2395 and two trend line resistances (1.2075/1.2813).
Tuesday 30th June: Asian markets gain on positive uptick in sentiment
Global Markets: Asian Stock Markets : Nikkei up 1.33%, Shanghai Composite up 0.78%, Hang Seng up 0.55%, ASX up 1.43% Commodities : Gold at $1785.85 (+0.26%), Silver at $18.13 (+0.38%), Brent Oil at $41.45 (-0.96%), WTI Oil at $39.23 (-1.18%) Rates : US 10-year yield at 0.635, UK 10-year yield at 0.152, Germany 10-year yield … Continue reading Tuesday 30th June: Asian markets gain on positive uptick in sentiment
Hong Kong SAR Establishment Day & US Independence Day holiday Trading schedule
Please find our Updated trading schedule for Hong Kong SAR Establishment Day and US Independence Day Holiday starting Tuesday, 30th July 2020 below.