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EUR/USD: Recording its third consecutive daily loss, the EUR/USD is seen nursing losses just north of a H4 Quasimodo support at 1.1118 as we head into Asia Pac hours. Having seen this Quasimodo already hold price higher once already last week, the 1.11 handle may elbow its way into the spotlight should further selling materialise. … Continue reading Thursday 30th May: Liquidity may thin today given major European banks closing in observance of Ascension Day.

EUR/USD: In recent sessions, the market witnessed the euro cede further ground to the dollar, down 0.28% on the day. Better-than-expected consumer confidence numbers out of the US provided fresh impetus, with the greenback now eyeing 98.00 once again (DXY). The recent EUR/USD decline had the H4 candles penetrate local support at 1.1180 (now acting … Continue reading Wednesday 29th May: US dollar index poised to approach 98.00.

EUR/USD: Monday’s session witnessed the EUR/USD tick higher to 1.1215 in early trading, though failed to capitalise on the move, slipping back below the 1.12 handle amid holiday-thinned conditions. The absence of macroeconomic releases exacerbated the lack of volatility, although the greenback finished the day modestly up against most rivals. European Elections had only a … Continue reading Tuesday 28th May: Greenback in positive territory despite lacklustre market.

EUR/USD: Weekly gain/loss: +0.42% Weekly close: 1.1203 Weekly perspective: Following a borderline breach to the lower edge of a long-standing demand at 1.1119-1.1295, EUR/USD bulls went on the offensive last week. Upside from this point shows room for extension to as far north as the 2019 yearly opening level at 1.1445, whereas a move lower … Continue reading Monday 27th May: Weekly technical outlook and review – US and UK bank closures today

Dear Trader, Please find our Updated trading schedule and general information for the UK Spring Bank & US Memorial Day Schedule Holidays starting Monday, 27th May 2019 below. All times mentioned below are Platform time (GMT +3).  If you have any questions or require any assistance, please contact one of our support team members via Live Chat, email: support@icmarkets.com, or phone +61 (0)2 8014 … Continue reading UK Spring Bank & US Memorial Day Schedule Holidays 2019