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EUR/USD: Following a near-perfect H4 ABCD bearish formation that terminated around a small H4 area of resistance drawn from 1.1647-1.1641, the H4 candles aggressively drove south in European hours on Tuesday, consequently extending post-ECB policy meeting lows to around 1.1530. Risk aversion dominated the FX board after US President Donald Trump asked US Trade Representatives … Continue reading Wednesday 20th June: Slew of central bank heads take to the stage in Portugal today – volatility expected

Global Markets: Asian Stock Markets : Nikkei down 1.55%, Shanghai Composite down 2.95%, Hang Seng down 2.51%, ASX up 0.14% Commodities : Gold at $1285.00 (+0.38%), Silver at $16.48 (+0.21%), Brent Oil at $74.84 (-0.66%), WTI Oil at $65.23 (-0.70%) Rates : US 10-year yield at 2.880, UK 10-year yield at 1.314, Germany 10-year yield … Continue reading Tuesday 19th June: Asian markets tumble as Trump hints at more tariffs.

EUR/USD: Despite the euro seen opening the week lower against its US counterpart, H4 price managed to find active support around lows of 1.1565 as London opened its doors for business on Monday, consequently reclaiming the 1.16 handle. Aside from a slightly more bullish tempo within the H4 resistance area at 1.1639-1.1607, EUR/USD price is … Continue reading Tuesday 19th June: Trade talks/threats place safe-haven assets in the spotlight