Wednesday 27th January: Asian markets mixed on IMF forecast

IC Markets No Comments

Global Markets: Asian Stock Markets : Nikkei up 0.31%, Shanghai Composite up 0.11%, Hang Seng down 0.11%, ASX down 0.65% Commodities : Gold at $1845.95 (-0.27%), Silver at $25.41 (-0.52%), Brent Oil at $56.08 (+0.79%), WTI Oil at $53.04 (+0.82%) Rates : US 10-year yield at 1.040, UK 10-year yield at 0.276, Germany 10-year yield … Continue reading Wednesday 27th January: Asian markets mixed on IMF forecast

Wednesday 27th January: Technical Outlook

IC Markets No Comments

Despite price recently consolidating gains, the weekly timeframe shows AUD/USD has scope to reach as far north as resistance at 0.8127. In order to climb, however, daily Quasimodo resistance at 0.7784 must be conquered (shines the spotlight on another daily Quasimodo resistance at 0.7893).

Tuesday 26th January: Technical Outlook

IC Markets No Comments

Those long from daily demand at 30,310-30,637 or the H4 support zone at 30,578-30,633 (both areas were noted in Monday’s technical briefing) have likely reduced risk to breakeven, and perhaps liquidated a portion of their position.

Monday 25th January: Asian markets mostly higher, Fed announcements on Wednesday

IC Markets No Comments

Global Markets: Asian Stock Markets : Nikkei up 0.67%, Shanghai Composite up 0.48%, Hang Seng up 2.36%, ASX up 0.36% Commodities : Gold at $1850.85 (-0.29%), Silver at $25.59 (+0.13%), Brent Oil at $55.50 (+0.45%), WTI Oil at $52.59 (+0.61%) Rates : US 10-year yield at 1.098, UK 10-year yield at 0.308, Germany 10-year yield … Continue reading Monday 25th January: Asian markets mostly higher, Fed announcements on Wednesday