Global Markets: Asian stock markets: Nikkei up 0.30 %, Shanghai Composite down 1.80 %, Hang Seng lost 1.50 %, ASX fell 1.35 % Commodities: Gold at $1184 (-0.05 %), Silver at $16.48 (-0.05 %), WTI Oil at $59.65 (-0.05 %), Brent Oil at $63.75 (-0.10 %) Rates: US 10 year yield at 2.37, UK 10 … Continue reading Thursday 4th June: European Open Briefing
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Thursday 4th June: Daily technical outlook and review
EUR/USD: Weekly view – From a long-term standpoint, the downtrend on this pair is still very much intact. It’s only once or if we see a close above the weekly supply area at 1.1532-1.1278 will we be convinced the trend may be shifting direction. Daily view: The daily timeframe shows that the Euro continued to … Continue reading Thursday 4th June: Daily technical outlook and review
Wednesday 3rd June: European Open Briefing
Global Markets: Asian stock markets: Nikkei fell 0.30 %, Shanghai Composite declined 1.00 %, Hang Seng gained 0.75 %, ASX dropped 0.90 % Commodities: Gold at $1193 (-0.15 %), Silver at $16.76 (-0.25 %), WTI Oil at $60.85 (-0.70 %), Brent Oil at $65.10 (-0.70 %) Rates: US 10 year yield at 2.27, UK 10 … Continue reading Wednesday 3rd June: European Open Briefing
Queens Birthday Update
Dear Trader, Please be advised that we will not be processing deposits and withdrawals on Monday, 8th June 2015 due to the Queen's Birthday holiday in Australia. However, our accounts department have extended the cut off time for withdrawals request on Friday. Clients can send in their Withdrawal requests up until 2pm AEST on Friday, 5th June … Continue reading Queens Birthday Update
Wednesday 3rd June: ECB press conference today at 12:30 GMT – Heavy market volatility could be seen.
EUR/USD: Weekly view – From a long-term standpoint, the trend on this pair is still southbound in our opinion, and will only change once price closes above the weekly supply area at 1.1532-1.1278. Recent action, however, shows that the Euro broke above the weekly swap level 1.1051. This move has potentially set the stage for … Continue reading Wednesday 3rd June: ECB press conference today at 12:30 GMT – Heavy market volatility could be seen.