Friday 22nd May: Technical Outlook and Review

IC Markets No Comments

Key risk events today: BoJ Monetary Policy Statement and Press Conference; UK Retail Sales m/m; ECB Monetary Policy Meeting Accounts; Canada Core Retail Sales m/m. (Previous analysis as well as outside sources – italics). EUR/USD: Europe’s shared currency concluded lower against the US dollar Thursday, unwinding from the key figure 1.10, a move reaching as … Continue reading Friday 22nd May: Technical Outlook and Review

Thursday 21st May: Technical Outlook and Review

IC Markets No Comments

Key risk events today: RBA Gov Lowe Speaks; French Flash Services PMI and Flash Manufacturing PMI; German Flash Manufacturing PMI and Flash Services PMI; Euro Flash Manufacturing PMI and Flash Services PMI; UK Flash Services PMI and Flash Manufacturing PMI; Philly Fed Manufacturing Index; US Unemployment Claims; US Flash Manufacturing PMI and Flash Services PMI; … Continue reading Thursday 21st May: Technical Outlook and Review

Wednesday 20th May: Asian markets mixed as virus vaccine rally gives up.

IC Markets No Comments

Global Markets: Asian Stock Markets : Nikkei up 0.79%, Shanghai Composite down 0.51%, Hang Seng down 0.13%, ASX up 0.24% Commodities : Gold at $1753.30 (+0.44%), Silver at $17.98 (+0.42%), Brent Oil at $34.74 (+0.26%), WTI Oil at $31.87 (-0.28%) Rates : US 10-year yield at 0.695, UK 10-year yield at 0.232, Germany 10-year yield … Continue reading Wednesday 20th May: Asian markets mixed as virus vaccine rally gives up.

Wednesday 20th May: Technical Outlook and Review.

IC Markets No Comments

Key risk events today: UK Inflation; Canada Inflation; BoE Gov. Bailey Speaks; FOMC Meeting Minutes. (Previous analysis as well as outside sources – italics). EUR/USD: Europe’s shared currency extended Monday’s vigorous recovery against the US dollar on Tuesday, scoring highs at 1.0976. EUR/USD, as you can see, tested H4 Quasimodo resistance at 1.0972, missing a … Continue reading Wednesday 20th May: Technical Outlook and Review.