EUR/USD: Weekly gain/loss: -0.98% Weekly closing price: 1.1769 The single currency sustained additional losses last week, consequently closing the session a few pips beneath a weekly support area formed at 1.1880-1.1777. Potentially filling stop-loss orders here, we could either see a rotation back to the upside as bigger players look to buy into these … Continue reading Monday 11th December: Weekly technical outlook and review
Global Markets: Asian stock markets: Nikkei rose 1.41 %, Shanghai Composite gained 0.60 %, Hang Seng climbed 1.09 %, ASX 200 up 0.28 % Commodities: Gold at $1251.00, Silver at $15.80, WTI Oil at $56.66, Brent Oil at $62.19 Rates: US 10-year yield at 2.37, UK 10-year yield at 1.25, German 10-year yield at 0.29 … Continue reading Friday 8th December: European Open Briefing
EUR/USD: The single currency sustained further losses on Thursday, down 23 pips on the day. The H4 candles, as you can see, spent the majority of the day fluctuating within a narrow range between October’s opening level at 1.1788 and the 1.18 handle. It was only in the later hours of the US session … Continue reading Friday 8th December: NFP day today – remain vigilant!
