Global Markets: Asian stock markets: Nikkei up 0.10 %, Shanghai Composite gained 1.85 %, Hang Seng rose 0.40 %, ASX declined 0.30 % Commodities: Gold at $1160 (+0.65 %), Silver at $15.71 (+1.40 %), WTI Oil at $46.62 (-0.95 %), Brent Oil at $54.59 (-0.80 %) Rates: US 10 year yield at 2.088, UK 10 … Continue reading Monday 16th March: European Open Briefing
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Monday 16th March: Weekly technical outlook and review.
EUR/USD: Weekly Timeframe: Last week shows that the Euro depreciated for the third consecutive week losing over 340 pips into the close (1.0487). This move completely wiped out the weekly demand area seen coming in at 1.0499-1.0740, and at the same time, likely opened the doors to further downside towards 1.0411 – a long-term weekly … Continue reading Monday 16th March: Weekly technical outlook and review.
Friday 13th March: European Open Briefing
Global Markets: Asian stock markets: Nikkei up 1.80 %, Shanghai Composite gained 0.70 %, Hang Seng rose 02.0 %, ASX declined 0.60 % Commodities: Gold at $1159 (+0.65 %), Silver at $15.62 (+0.70 %), WTI Oil at $47.20 (+0.30 %), Brent Oil at $57.25 (+0.30 %) Rates: US 10 year yield at 2.125, UK 10 … Continue reading Friday 13th March: European Open Briefing
Friday 13th March: Daily technical outlook and review.
EUR/USD: Weekly Timeframe: The weekly timeframe shows that price recently spiked below (only by a few pips mind you) a weekly demand area coming in at 1.0499-1.0740. The question we would love an answer to is to whether this was a fakeout for higher prices, or consumption to go lower? Let’s take a look to … Continue reading Friday 13th March: Daily technical outlook and review.
Thursday 12th March: European Open Briefing
Global Markets: Asian stock markets: Nikkei up 1.15 %, Shanghai Composite gained 1.85 %, Hang Seng rose 0.40 %, ASX rallied 1 % Commodities: Gold at $1153 (+0.25 %), Silver at $15.46 (+0.65 %), WTI Oil at $48.42 (+0.30 %), Brent Oil at $58.00 (+0.20 %) Rates: US 10 year yield at 2.103, UK 10 … Continue reading Thursday 12th March: European Open Briefing