Monday 13th July: Weekly Technical Outlook and Review

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Europe’s single currency reclaimed earlier losses Friday, latching onto a healthy bid off 1.1255 to 1.13 against the buck, boosted by US producer prices unexpectedly declining in June.

Friday 10th July: Technical Outlook and Review

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EUR/USD, based on the H4 timeframe, chalked up a two-candle fakeout through Quasimodo resistance at 1.1340, reaching highs at 1.1370, and headed marginally south of 1.13 into the European close.

Thursday 9th July: Markets gain on upbeat Chinese, Japanese data.

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Global Markets: Asian Stock Markets : Nikkei up 0.40%, Shanghai Composite up 1.39%, Hang Seng up 0.16%, ASX up 0.59% Commodities : Gold at $1820.95 (+0.02%), Silver at $19.24 (+0.42%), Brent Oil at $43.05 (-0.55%), WTI Oil at $40.66 (-0.59%) Rates : US 10-year yield at 0.650, UK 10-year yield at 0.169, Germany 10-year yield … Continue reading Thursday 9th July: Markets gain on upbeat Chinese, Japanese data.