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Global Markets: Asian stock markets: Nikkei down 0.45 %, Shanghai Composite gained 0.10 %, Hang Seng rose 1.30 %, ASX 200 up 0.35 % Commodities: Gold at $1174 (+0.75 %), Silver at $16.65 (+0.55 %), WTI Oil at $53.20 (-0.20 %), Brent Oil at $56.30 (-0.30 %) Rates: US 10-year yield at 2.42, UK 10-year … Continue reading Thursday 5th January 2017: European Open Briefing

EURUSD: EUR/USD fell yesterday to the lowest level seen since early 2003, after another rejection off 1.05 resistance. The outlook remains bearish and the recent price action confirmed that selling interest continues to be high. Traders should keep an eye on the area between 1.0435 and 1.0445 for immediate resistance, while major resistance is now … Continue reading Wednesday 4th January: Daily technical outlook and review

Global Markets: Asian stock markets: Nikkei up 2.25 %, Shanghai Composite gained 0.40 %, Hang Seng fell 0.25 %, ASX 200 lost 0.05 % Commodities: Gold at $1161 (-0.05 %), Silver at $16.42 (+0.10 %), WTI Oil at $52.75 (+0.80 %), Brent Oil at $55.90 (+0.75 %) Rates: US 10-year yield at 2.47, UK 10-year … Continue reading Wednesday 4th January: European Open Briefing