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Global Markets: Asian stock markets: Nikkei down 0.04 %, Shanghai Composite fell by 0.73 %, Hang Seng up 0.02 %, ASX 200 climbed 0.23 % Commodities: Gold at $1272.38 (0.16 %), Silver at $16.77 (0.14 %), WTI Oil at $53.91 (0.02 %), Brent Oil at $60.09 (-0.07 %) Rates: US 10-year yield at 2.40, UK … Continue reading Monday 30th October: European Open Briefing

Waiting for lower timeframe confirmation is our main tool to confirm strength within higher timeframe zones, and has really been the key to our trading success. It takes a little time to understand the subtle nuances, however, as each trade is never the same, but once you master the rhythm so to speak, you will be … Continue reading Monday 30th October: Technical outlook and review

US dollar index: October’s action shows that the US dollar extended September’s bounce from the monthly support at 92.29, consequently printing a near-full-bodied bullish candle. This support level is considered strong given that it merges with a nice-looking Fibonacci support cluster seen between 91.19/91.99. Bouncing across to the weekly timeframe, it’s clear to see that … Continue reading October 2017: Major Markets Technical Overview