Global Markets: Asian stock markets: Nikkei down 0.25 %, Shanghai Composite lost 0.05 %, Hang Seng fell 0.50 %, ASX declined 1.00 % Commodities: Gold at $1188 (-0.05 %), Silver at $16.71 (+0.20 %), WTI Oil at $60.25 (+0.05 %), Brent Oil at $64.85 (-0.20 %) Rates: US 10 year yield at 2.19, UK 10 … Continue reading Tuesday 2nd June: European Open Briefing
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Tuesday 2nd June: Daily technical outlook and review.
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 is now trapped between a weekly swap level seen at 1.1051 and a weekly demand … Continue reading Tuesday 2nd June: Daily technical outlook and review.
Monday 1st June: European Open Briefing
Global Markets: Asian stock markets: Nikkei down 0.35 %, Shanghai Composite gained 2.75 %, Hang Seng rose 0.95 %, ASX fell 1.10 % Commodities: Gold at $1191.50 (+0.15 %), Silver at $16.68 (-0.10 %), WTI Oil at $58.90 (-0.65 %), Brent Oil at $65.30 (-0.35 %) Rates: US 10 year yield at 2.12, UK 10 … Continue reading Monday 1st June: European Open Briefing
Monday 1st June: Weekly technical outlook and review (New Zealand Bank holiday today).
EUR/USD: Weekly view – From a long-term standpoint, the trend 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 relatively strong buyers came into the market twenty or so pips from above a weekly demand area seen at 1.0519-1.0798 … Continue reading Monday 1st June: Weekly technical outlook and review (New Zealand Bank holiday today).
Friday 29th May: European Open Briefing
Global Markets: Asian stock markets: Nikkei gained 0.25 %, Shanghai Composite rose 0.10 %, Hang Seng gained 0.30 %, ASX rallied 1.30 % Commodities: Gold at $1189.80 (+0.10 %), Silver at $16.75 (+0.40 %), WTI Oil at $58.25 (+1.00 %), Brent Oil at $63.05 (+0.25 %) Rates: US 10 year yield at 2.13, UK 10 … Continue reading Friday 29th May: European Open Briefing