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Global Markets: Asian stock markets: Nikkei down 0.90%, Shanghai Composite gained 0.55%, Hang Rose rose 0.50%, ASX 200 fell 0.70% Commodities: WTI Oil at $45.85 (+0.20%), Brent Oil at $48.20 (+0.25%), Gold at $1254 (-0.05%), Silver at $16.45 (-0.10%) Rates: US 10 year yield at 2.24, UK 10 year yield at 1.18, German 10 year … Continue reading Monday 24th July: European Open Briefing

EUR/USD EUR/USD had a clear break above 1.1640 resistance, but lost momentum ahead of 1.17. Further, there is negative Stochastic divergence on the hourlies. While the technical outlook for the Euro remains positive, a pullback seems more likely before the rally continues. Initial support is seen at 1.1635/40, followed by stronger support at 1.1585 and … Continue reading Monday 24th July: Daily Technical Outlook and Review

Global Markets: Asian stock markets: Nikkei down 0.25 %, Shanghai Composite lost 0.20 %, Hang Seng declined 0.05 %, ASX 200 dropped 0.60 % Commodities: Gold at $1243 (-0.15 %), Silver at $16.30 (-0.30 %), WTI Oil at $46.90 (-0.05 %), Brent Oil at $49.25 (-0.15 %) Rates: US 10 year yield at 2.26, UK … Continue reading Friday 21st July: European Open Briefing