Global Markets: Asian stock markets: Nikkei down 0.75%, Shanghai Composite up 0.95%, Hang Seng up 1.41%, ASX up 0.60% Commodities: Gold at $1327.90 (+0.11%), Silver at $16.575 (+0.03%), WTI Oil at $59.62 (+0.56%), Brent Oil at $62.96 (+0.58%) Rates: US 10-year yield at 2.851, UK 10-year yield at 1.609, German 10-year yield at 0.753 News … Continue reading Tuesday 13th February: Abe undecided – so is Nikkei?
EUR/USD: The euro closed marginally higher on Monday, bringing price up to within reaching distance of the 1.23 handle on the H4 timeframe. The fact that this psychological band also merges closely with a H4 channel support-turned resistance (taken from the low 1.2336), a H4 resistance at 1.2324 and an aligning H4 AB=CD (see … Continue reading Tuesday 13th February: UK inflation takes center stage today – keep an eye on GBP-related instruments!
Global Markets: Asian stock markets: Shanghai Composite up 1.13%, Hang Seng up 0.66%, ASX down 0.30% Commodities: Gold at $1326.00 (+0.80%), Silver at $16.430 (+1.80%), WTI Oil at $59.87 (+1.77%), Brent Oil at $63.41 (+0.99%) Rates: US 10-year yield at 2.857, UK 10-year yield at 1.564, German 10-year yield at 0.748 News & Data: (CAD) … Continue reading Monday 12th February: European Open Briefing
Japanese banks closed in observance of National Foundation Day. EUR/USD: Weekly gain/loss: -1.70% Weekly closing price: 1.2249 Renewed selling interest was seen from within the walls of a weekly supply at 1.2569-1.2287 last week, consequently breaking a reasonably dominant seven-week bullish phase. Erasing two weeks’ worth of gains, the euro concluded the session chalking … Continue reading Monday 12th February: Weekly technical outlook and review.
