Tuesday 23rd July: Spotware maintenance

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Dear Traders, Please be advised that there will be an emergency maintenance on cTrader servers tonight between 22:30 UTC and 23:00 UTC. The expected downtime whilst the update is applied is expected to be 5-10 minutes, during which all clients will be disconnected. Thank you for your understanding.  

Tuesday 23rd July: Asian stocks higher on Tuesday amid expectations of earnings results

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Global Markets: Asian Stock Markets : Nikkei up 0.93%, Shanghai Composite up 0.17%, Hang Seng up 0.13%, ASX up 0.39% Commodities: Gold at $1416.05 (-0.76%), Silver at $16.25 (-0.96%), Brent Oil at $63.39 (+0.21%), WTI Oil at $56.29 (+0.12%) Rates : US 10-year yield at 2.055, UK 10-year yield at 0.717, Germany 10-year yield at … Continue reading Tuesday 23rd July: Asian stocks higher on Tuesday amid expectations of earnings results

Tuesday 23rd July: Dollar index remains buoyed above 97.00; weekly resistance eyed at 97.72.

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Key risk events today: Limited. EUR/USD: Europe’s shared currency and the US dollar traded flat Monday, as traders look ahead to the ECB on Thursday. As we head into Asia Pac hours, the EUR/USD’s H4 candles remain toying with the lower edge of its 70-point range between 1.12 and supply at 1.1288-1.1273. As underlined in … Continue reading Tuesday 23rd July: Dollar index remains buoyed above 97.00; weekly resistance eyed at 97.72.

Monday 22nd July: Asian stocks lower on Monday after Fed signals lower rate cut

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Global Markets: Asian Stock Markets : Nikkei down 0.33%, Shanghai Composite down 0.82%, Hang Seng down 0.84%, ASX down 0.17% Commodities: Gold at $1427.45 (+0.05%), Silver at $16.38 (+1.13%), Brent Oil at $63.45 (+1.57%), WTI Oil at $56.38 (+1.35%) Rates : US 10-year yield at 2.055, UK 10-year yield at 0.736, Germany 10-year yield at … Continue reading Monday 22nd July: Asian stocks lower on Monday after Fed signals lower rate cut

Monday 22nd July: Weekly technical outlook and review.

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Key risk events today: BoJ Gov. Kuroda Speaks; RBA Assist Gov. Kent Speaks. EUR/USD: Weekly gain/loss: -0.44% Weekly close: 1.1220 Weekly perspective: Since November 2018, the weekly candles have been warring for position between long-standing demand at 1.1119-1.1295 and the 2019 yearly opening level (resistance) at 1.1445. Areas outside of the said barriers to be … Continue reading Monday 22nd July: Weekly technical outlook and review.