Global Markets: Asian stock markets: Nikkei gained 0.50 %, Shanghai Composite fell 0.40 %, Hang Seng rose 0.05 %, ASX 200 rallied 0.95 % Commodities: Gold at $1247 (-0.40 %), Silver at $16.38 (-1.00 %), WTI Oil at $48.40 (+1.00 %), Brent Oil at $50.60 (+0.80 %) Rates: US 10-year yield at 2.32, UK 10-year … Continue reading Wednesday 26th July: 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 Wednesday 26th July: Technical outlook and review
Global Markets: Asian stock markets: Nikkei down 0.10 %, Shanghai Composite lost 0.15 %, Hang Seng rose 0.05 %, ASX 200 rallied 0.90 % Commodities: Gold at $1255 (+0.10 %), Silver at $16.45 (+0.05 %), WTI Oil at $46.60 (+0.60 %), Brent Oil at $48.90 (+0.55 %) Rates: US 10-year yield at 2.25, UK 10-year … Continue reading Tuesday 25th July: European Open Briefing
EUR/USD The Euro found decent support at 1.1625 and recovered from there. However, resistance at 1.17 is tough, and the pair will not clear this obstacle that easily. Should EUR/USD gather enough momentum and break above 1.17 though, the rally is likely to extend to 1.20 in the near-term. To the downside, initial support is … Continue reading Tuesday25th July: Technical Outlook and Review
