EUR/USD: Weekly view: The weekly timeframe shows us that relatively strong buying interest came into the market twenty or so pips from above a weekly demand area seen at 1.0519-1.0798. If the buyers remain in control here, we might see price shake hands with a weekly swap level coming in at 1.1051. Daily view: From … Continue reading Friday 29th May: Daily technical outlook and review.
Global Markets: Asian stock markets: Nikkei gained 0.60 %, Shanghai Composite fell 1.40 %, Hang Seng declined 1.30 %, ASX dropped 0.15 % Commodities: Gold at $1188 (+0.10 %), Silver at $16.68 (+0.20 %), WTI Oil at $57.75 (+0.40 %), Brent Oil at $62.60 (+0.40 %) Rates: US 10 year yield at 2.13, UK 10 … Continue reading Thursday 28th May: European Open Briefing
EUR/USD: Weekly view: Recent events show that buying interest came into the market twenty or so pips from above a weekly demand area seen at 1.0519-1.0798. Daily view: From this angle, we can see that the latest bullish activity likely stems from price reacting off of a minor daily swap level coming in at 1.0819, … Continue reading Thursday 28th May: Daily technical outlook and review.
Global Markets: Asian stock markets: Nikkei up 0.10 %, Shanghai Composite gained 0.15 %, Hang Seng declined 0.25 %, ASX fell 0.65 % Commodities: Gold at $1188 (+0.05 %), Silver at $16.78 (+0.15 %), WTI Oil at $58.40 (+0.60 %), Brent Oil at $63.95 (+0.01 %) Rates: US 10 year yield at 2.15, UK 10 … Continue reading Wednesday 27th May: European Open Briefing
EUR/USD: Weekly view: Following last week’s close below the weekly swap level 1.1051, the Euro has so far continued to fall this week. Provided that the sellers can remain strong here, there’s a good chance price will be shaking hands with the weekly demand area seen just below at 1.0519-1.0798 sometime soon. Daily view: The … Continue reading Wednesday 27th May: Daily technical outlook and review.
