Category: Featured

EUR/USD: The single currency soured in the face of a healthy dollar Tuesday, consequently reclaiming 1.13 to the downside on the H4 timeframe. According to our technical studies, the move potentially sets the stage for a run towards channel support (extended from the low 1.1183), followed by 1.1250 support. Assisting sellers is channel resistance (taken … Continue reading Wednesday 17th April: Focus shifts to UK inflation in early London – remain vigilant

Dear Trader, Please find our Updated trading schedule and general information for the Easter Holidays starting Friday, 19th April 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 4280. Forex: (Fri) 19th April … Continue reading Easter Holidays Schedule 2019

Global Markets: Asian Stock Markets : Nikkei up 0.30%, Shanghai Composite up 1.50%, Hang Seng up 0.74%, ASX up 0.40% Commodities : Gold at $1287.35 (-0.31%), Silver at $14.90 (-0.49%), Brent Oil at $71.06 (-0.17%), WTI Oil at $63.38 (-0.03%) Rates : US 10-year yield at 2.549, UK 10-year yield at 1.222, Germany 10-year yield … Continue reading Tuesday 16th April: Asian markets higher; trade talks continue to dictate markets

Trading within the parapets of demand at 1.1119-1.1295, the single currency, in the shape of a near-full-bodied bullish candle, wrapped up the week on strong footing.

The US dollar advanced across the board Thursday amid hotter-than-expected macroeconomic data, consequently reclaiming 97.00+ status on the US dollar index.