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Global Markets: Asian stock markets: Nikkei down 0.21%, Shanghai Composite up 0.16 %, Hang Seng gained 0.16 %, ASX down 0.23% Commodities: Gold at $1330.90 (-0.17%), Silver at $17.00 (-0.21%), WTI Oil at $63.41 (+0.16 %), Brent Oil at $68.78 (+0.25 %) Rates: US 10-year yield at 2.650, UK 10-year yield at 1.342, German 10-year … Continue reading Tuesday 23rd January: European Open Briefing

EUR/USD:    Kicking this morning’s report off from the weekly timeframe, we can see that price remains capped beneath a weekly broken Quasimodo line at 1.2287 that merges with two weekly trendline resistances (1.1641/1.6038). In the event that the bears switch into a higher gear here, keep an eyeball on weekly support seen at 1.2044 … Continue reading Tuesday 23rd January: Technical outlook and review.