European equity markets sag on trade war jitters

The DAX index has started the trading week with sharp losses. In the Monday session, the DAX is at 12,425, down 1.22% on the day. On the release front, there is just one event. German Ifo Business Climate dropped to 101.7 points, just shy of the estimate of 101.8 points. After a rough week, European stock markets… [...]

Trade continues to weigh at the start of the week

Trump threatens more tariffs and bans on Chinese ownership A new week is underway and yet the same concerns remain as Donald Trump ramps up trade threats against China and the EU which continues to take its toll on risk appetite. Investors may be feeling very uneasy about the approach being taken by the US… [...]

Global macro overview for 25/06/2018

On the currency market, JPY is still being perceived as the safe-haven asset, followed closely by CHF and USD. The situation that on Friday morning had looked like rebounding fears and focusing on positive macro signals (satisfactory PMI from Eurozone)... [...]

Trading Plan for EUR/USD for June 25, 2018

Technical outlook:The EUR/USD pair should be looking to carve a lower top around 1.1720/40 levels and for this to hold true, 1.1850 resistance should hold. According to the wave labels shown above, a higher degree wave (4) looks to have terminated at 1... [...]

USD/CHF analysis for June 25, 2018

Recently, USD/CHF has been trading downwards. The price tested the level of 0.9868. According to the H1 time - frame, I found potential end of the downward correction (abc flat), which is sign that selling looks very risky. I also found a hidden bullis... [...]

Bitcoin analysis for 25/06/2018

Despite the fact that Bitcoin was found dead over 300 times, according to various websites list of obituaries (the cryptocurrency "died" 315 times, of which 69 times only this year), the current bear market is not a funeral for Bitcoin.To confirm his s... [...]

Trading plan for 25/06/2018

The theme of trade tensions remains in the foreground, which on Monday assures the start in a "risk-off" climate. President Trump attacks Chinese companies wishing to invest in the US. In addition, the central bank of China cuts the reserve rate, and i... [...]

EUR/USD analysis for June 25, 2018

Recently, EUR/USD has been trading sideways at the price of 1.1647. . According to the H1 time - frame, I found a fake breakout of resistance at the price of 1.1647, which is a sign that buying looks risky. I also found a symmetrical triangle in creati... [...]