Monthly Archives: June 2018

Daily Technical Report 04 June 2018

EUR/USD strong bounce from 1.1510 (29/05/2018 low) continues, trading above 1.17 and heading along 1.1718. The short-term trend remains negative as long as prices remain below hourly resistance at 1.1993 (14/05/2018 high). Hourly support is given at 1.1510 (29/05/2018 low). • In the longer term, the…

Positive risk appetite impacting across forex majors and equities

After the recent shake up to risk appetite, financial markets are beginning to look more steady as the new week begins. Elevated fears over Italian political risk contagion have subsided, a run into safety seems to have been curtailed, at least for now. The sharp drop in Treasury yields is reversing…

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