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Europe roundup; Sterling eases on fading BOE rate hike expectations, Euro rallies on upbeat economic sentiment, European shares tumble – Tuesday, February 27th, 2018

Europe roundup; Sterling eases on fading BOE rate hike expectations, Euro rallies on upbeat economic sentiment, European shares tumble – Tuesday, February 27th, 2018 Market Roundup Eurozone Feb selling price expectations increase to 12.6 vs previous 12.4 Eurozone Feb consumer confidence Final increase to 0.1 (forecast 0.1) Eurozone Feb cons …

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EUR/JPY bulls exhausted at 61.8% fibos but hanging man needs confirmation from trend indicators and so as hammer formation

EUR/JPY bulls exhausted at 61.8% fibos but hanging man needs confirmation from trend indicators and so as hammer formation Chart and candlestick pattern formed – Bearish RSI divergence since March’2017 (refer monthly chart). The bulls struggle for momentum despite the breaking-out stiff resistance of 131.415 levels (daily plotting). Hammer pattern …

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Asia roundup; Kiwi slumps on downbeat trade balance, Dollar index eases ahead of FED powell’s testimony, Asian shares at 3-week high – Tuesday, February 27th, 2018

Asia roundup; Kiwi slumps on downbeat trade balance, Dollar index eases ahead of FED powell’s testimony, Asian shares at 3-week high – Tuesday, February 27th, 2018 Market Roundup Germany’s Merkel wins party nod to renew coalition with Social Democrats Maintaining customs union will sell UK’s Brexit short, trade minister says …

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Americas roundup; dollar gains vs. most currencies,U.S. bond yields slip,Oil up on strong demand, Saudi comments, markets await clues from FED’s powell testimony before congress-february 27th, 2018

Americas roundup; dollar gains vs. most currencies,U.S. bond yields slip,Oil up on strong demand, Saudi comments, markets await clues from FED’s powell testimony before congress-february 27th, 2018 Market Roundup • US Jan New Home Sales Chg MM, -7.8%, 3.8% forecast, -9.3% previous, -7.6 revised. • US Feb Dallas Fed Mfg …

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Europe roundup; Sterling hits 10-day peak on Hawkish BOE, Euro rallies amid political developments, European shares surge – Monday, February 26th, 2018

Europe roundup; Sterling hits 10-day peak on Hawkish BOE, Euro rallies amid political developments, European shares surge – Monday, February 26th, 2018 Market Roundup United Kingdom Jan UK finance mortgage apps increase to 40.117 k vs previous 36.085 k (revised from 36.115 k) Switzerland Q4 non-farm payrolls increase to 4.962 …

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AUD/JPY struggles to extend channel break, decisive close above 5-dma could see minor upside

 AUD/JPY struggles to extend channel break, decisive close above 5-dma could see minor upside AUD/JPY rejected at session lows at 83.60, hovers around 5-DMA at 84.02. The pair has retraced break below channel base support at 83.60, decisive close below required for further downside. Technical studies support downside in the …

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