EUR/USD bulls went on the offensive Monday, extending Friday’s rally. Up 0.10%, the pair is closing in on a daily channel resistance etched from the high 1.1569.
Category: Recent
Monday 18th March: Asian markets higher on hopes that Fed will be supportive
Global Markets: Asian Stock Markets : Nikkei up 0.57%, Shanghai Composite up 1.80%, Hang Seng up 1.07%, ASX up 0.25% Commodities : Gold at $1298.45 (-0.34%), Silver at $15.27 (-0.33%), Brent Oil at $67.14 (-0.03%), WTI Oil at $58.69 (-0.22%) Rates : US 10-year yield at 2.600, UK 10-year yield at 1.209, Germany 10-year yield … Continue reading Monday 18th March: Asian markets higher on hopes that Fed will be supportive
Monday 18th March: Weekly technical outlook and review.
Following three stormy days, Thursday and Friday were somewhat calmer in comparison. Leaving 1.32 unchallenged Friday, the day concluded testing the underside of 1.33 after conquering March’s opening level at 1.3264.
Friday 15th March: Asian markets higher as UK parliament votes to delay Brexit
Global Markets: Asian Stock Markets : Nikkei up 0.76%, Shanghai Composite up 0.99%, Hang Seng up 0.93%, ASX down 0.07% Commodities : Gold at $1300.85 (+0.44%), Silver at $15.34 (+1.10%), Brent Oil at $67.36 (+0.19%), WTI Oil at $58.72 (+0.19%) Rates : US 10-year yield at 2.621, UK 10-year yield at 1.225, Germany 10-year yield … Continue reading Friday 15th March: Asian markets higher as UK parliament votes to delay Brexit
Friday 15th March: US dollar turns higher breaking a four-day bearish phase
On more of a broader outlook, weekly price continues to reflect a bullish stance out of demand coming in at 1.1119-1.1295, eclipsing a large portion of the prior week’s losses.