After refreshing multi-year lows at 1.0827 Friday, EUR/USD struggled to find direction Monday as US banks closed in observance of Presidents’ Day – confined within a tight range between 1.0851/1.0829.
18
Feb
2020
Category: Recent
List view
Grid View
17
Feb
2020
Monday 17th February: Asian markets mixed as Japanese economy shrinks much more than expected
No Comments
Global Markets: Asian Stock Markets : Nikkei down 0.69%, Shanghai Composite up 2.28%, Hang Seng up 0.51%, ASX down 0.07% Commodities : Gold at $1585.05 (-0.09%), Silver at $17.85 (+0.64%), Brent Oil at $57.37 (+0.09%), WTI Oil at $52.41 (+0.17%) Rates : US 10-year yield at 1.588, UK 10-year yield at 0.616, Germany 10-year yield … Continue reading Monday 17th February: Asian markets mixed as Japanese economy shrinks much more than expected
16
Feb
2020
Monday 17th February: Weekly Technical Outlook and Review.
No Comments
EUR/USD held on to the bulk of its losses last week, down more than 1.00% at the close of trade. The 2016 yearly opening level from 1.0873 ceded ground, consequently exposing channel support, taken from the low 1.1109. Further supporting sellers is the primary trend, down since topping in early 2018, at 1.2555.
14
Feb
2020
President’s Day Trading Hours 2020
No Comments
This Monday, 17th February, marks President’s Day in the US. As this is a federal holiday in the US, there will be a change in trading hours, with regular hours resuming Tuesday 18th February. Please refer to the table below for the temporary trading hours. Traders should be aware that in the event of low … Continue reading President’s Day Trading Hours 2020
14
Feb
2020
Friday 14th February: Technical Outlook and Review.
No Comments
EUR/USD held on to the bulk of its losses Thursday after breaching H4 support at 1.0857, consequently shaking hands with a 161.8% Fibonacci extension at 1.0838. Yesterday’s descent, aside from a brief pause on February 11th, registered its eighth successive decline.