Asian stocks turned in a mixed performance on Tuesday amid lingering concerns over the spread of the Delta virus variant and China’s regulatory crackdown over technology companies in dramatic ways.
03
Aug
2021
Category: Market Analysis
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03
Aug
2021
Tuesday 03rd August 2021: Technical Outlook and Review
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On the weekly timeframe, price bounced and continues to hold above key trendline pullback support at 1764. On the daily, price is now trading sideways, holding between 1855 resistance and 1764 weekly support.
02
Aug
2021
Monday 02nd August 2021: Technical Outlook and Review
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USD/CHF has shown a strong bounce from the weekly 0.89146 support, in line with 78.6% Fibonacci retracement, and price is now holding below the descending trendline resistance.
30
Jul
2021
Friday 30th July 2021: HK markets end the week 5% lower as China cracks the whip on edtech
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The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 91.911, dropping from levels above 92 the day before.
30
Jul
2021
Friday 30th July 2021: Technical Outlook and Review
No Comments
On the weekly timeframe, price tested and bounced above key trendline pullback support at 1764. On the daily, price is now trading sideways, holding between 1855 resistance and 1764 weekly support.
