It was a one-sided market as GBP/USD overthrew the 1.23 handle and June’s opening level at 1.2345, structure based on the H4 timeframe. This led to a near-test of 1.24, a level merging with April’s opening level at 1.2395 and two trend line resistances (1.2075/1.2813).
Global Markets: Asian Stock Markets : Nikkei up 1.33%, Shanghai Composite up 0.78%, Hang Seng up 0.55%, ASX up 1.43% Commodities : Gold at $1785.85 (+0.26%), Silver at $18.13 (+0.38%), Brent Oil at $41.45 (-0.96%), WTI Oil at $39.23 (-1.18%) Rates : US 10-year yield at 0.635, UK 10-year yield at 0.152, Germany 10-year yield … Continue reading Tuesday 30th June: Asian markets gain on positive uptick in sentiment
Please find our Updated trading schedule for Hong Kong SAR Establishment Day and US Independence Day Holiday starting Tuesday, 30th July 2020 below.
The euro ended a shade higher against the buck going into the European close Monday, after EUR/USD retreated south of 1.13 amid a healthy DXY bid. In the second half of last week, downside attempts were contained at 1.12 on the H4.
Global Markets: Asian Stock Markets : Nikkei down 2.30%, Shanghai Composite down 0.61%, Hang Seng down 0.99%, ASX down 1.51% Commodities : Gold at $1781.90 (+0.09%), Silver at $18.00 (-0.19%), Brent Oil at $40.27 (-1.61%), WTI Oil at $37.80 (-1.79%) Rates : US 10-year yield at 0.648, UK 10-year yield at 0.178, Germany 10-year yield … Continue reading Monday 29th June: Asian markets continue to trade lower as second wave fears come closer to reality
