EUR/USD: Looking at the weekly chart, we can see that prices are seeing further limited upside before it reaches our resistance area at 1.22000 – 1.22800. On the daily chart, it echoes the same bullish view as well, where prices are facing bullish pressure from our support level at 1.2000, in line with the 23.6% … Continue reading Wednesday 28th April 2021: Technical Outlook and Review
ASIC’s product intervention What you need to know ASIC made a recent announcement that will change the way we can offer our products and services to retail clients of our ASIC licensed entity. We’ve put together a summary of the main reforms below to help you understand these changes and how they may affect you. These changes are … Continue reading ASIC’s product intervention
Key risk events today: Australia Jobs Figures; Philly Fed Manufacturing Index; US weekly Unemployment Claims. (Previous analysis as well as outside sources – italics). EUR/USD: Europe’s single currency modestly rebounded from one-week lows against a broadly softer greenback on Wednesday. Technically, the H4 candles recoiled from October’s opening value at 1.1730 with enough force to … Continue reading Thursday 15th October: Technical Outlook and Review
To maintain our high level of service, we are introducing a monthly ASX share CFDs, market data fee effective as of 1st of September 2020. Who will be affected by this change? The incoming changes affect only traders using ASX Share Market data from their MT5 platform. From the month of September, if you have access to the ASX … Continue reading Upcoming changes to ASX shares trading costs
Global Markets: Asian Stock Markets : Nikkei up 2.22%, Shanghai Composite up 1.77%, Hang Seng up 0.38%, ASX up 0.98% Commodities : Gold at $1808.75 (+0.38%), Silver at $19.42 (+1.92%), Brent Oil at $42.80 (-1.02%), WTI Oil at $40.10 (-1.11%) Rates : US 10-year yield at 0.637, UK 10-year yield at 0.166, Germany 10-year yield … Continue reading Monday 13th July: Chinese markets lead the way
