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EUR/USD:    Weekly gain/loss: -1.39% Weekly closing price: 1.1959 Last week’s sharp run to the downside forced the euro into further losses, stripping in excess of 160 pips. In the shape of a near-full-bodied weekly bearish candle, price swallowed the 2018 yearly opening level seen on the weekly timeframe at 1.2004, and positioned weekly demand … Continue reading Monday 7th May: Weekly technical outlook and review (UK banks closed in observance of May Day)

Global Markets: Asian Stock Markets : Shanghai Composite down 0.01%, Hang Seng down 0.82%, ASX down 0.52% Commodities : Gold at $1313.40 (+0.05%), Silver at $16.48 (+0.20%), WTI Oil at $73.65 (+0.04%), Brent Oil at $68.47 (+0.06%) Rates : US 10-year yield at 2.948, UK 10-year yield at 1.401, Germany 10-year yield at 0.538 News … Continue reading Friday 4th May: Asian markets lower; US jobs reports expected today

Dear Trader, Please find our updated Trading schedule for the Early May Bank Holiday on Monday, 7th May 2018. Times mentioned below are Platform time (GMT +3).   If you have any questions or require any assistance, please contact one of our support team members via Live Chat, email: support@icmarkets.com, or phone +61 (0)2 8014 4280.  Kind regards,  IC Markets

EUR/USD: The value of the euro penciled in a marginal gain on Thursday, consequently fracturing a three-day bearish phase. H4 demand at 1.1929-1.1952, as you can see, managed to hold ground and eventually forced a retest of the nearby key figure 1.20. Undermined by disappointing EU preliminary inflation figures and reasonably sound US economic data, … Continue reading Friday 4th May: US job’s data in view – expect volatility