Global Markets: Asian stock markets: Nikkei up 0.05 %, Shanghai Composite gained 1.65 %, Hang Seng rose 1.50 %, ASX 0.90 % higher Commodities: Gold at $1205 (+0.02 %), Silver at $17.05 (+0.02 %), WTI Oil at $59.78 (+0.10 %), Brent oil at $65.48 (-0.60 %) Rates: US 10 year yield at 2.193, UK 10 … Continue reading Tuesday 26th May: European Open Briefing
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Tuesday 26th May: Daily technical outlook and review.
EUR/USD: Weekly view: Last week’s trading action shows that the Euro sold off from a weekly supply area coming in at 1.1532-1.1278, resulting in price taking out a weekly swap level seen at 1.1051, and potentially clearing the path south down towards the weekly demand zone positioned at 1.0519-1.0798. Daily view: From this angle, we … Continue reading Tuesday 26th May: Daily technical outlook and review.
Monday 25th May: European Open Briefing
Global Markets: Asian stock markets: Nikkei up 0.65 %, Shanghai Composite gained 2.30 %, ASX rose 1.20 %, Hang Seng closed Commodities: Gold at $1205 (0.00 %), Silver at $17.05 (+0.02 %), WTI Oil at $59.85 (+0.20 %), Brent Oil at $65.35 (-0.35 %) Rates: US 10 year yield at 2.215, UK 10 year yield … Continue reading Monday 25th May: European Open Briefing
Monday 25th May: Weekly technical outlook and review: (Europe/London/U.S Bank holidays today).
EUR/USD: Weekly view: Last week’s trading action shows that the Euro sold off from a weekly supply area coming in at 1.1532-1.1278, resulting in price taking out a weekly swap level seen at 1.1051, and closing on its lows at 1.1008. Provided that the sellers can hold the market below 1.1051 this week, we may … Continue reading Monday 25th May: Weekly technical outlook and review: (Europe/London/U.S Bank holidays today).
Friday 22nd May: European Open Briefing
Global Markets: Asian stock markets: Nikkei down 0.15 %, Shanghai Composite gained 1.50 %, Hang Seng rose 1.35 %, ASX fell 0.05 % Commodities: Gold at $1206 (+0.15 %), Silver at $17.12 (-0.10 %), WTI Oil at $60.60 (-0.20 %), Brent Oil at $66.30 (-0.35 %) Rates: US 10 year yield at 2.19, UK 10 … Continue reading Friday 22nd May: European Open Briefing