Chancellor Merkel managed to win a fourth term in Germany’s election on Sunday, but her victory was a bit overshadowed by the hard-right AfD party which has won 13.3 % according to the source. The EUR/USD reacted with a common gap (head and shoulders, tradable) and I have predicted a possible gap close on Twitter, straight after the market … Continue reading EUR/USD Common Gap After the German Election Result
EUR/USD The upward momentum in the market continued through the day on Friday but got resistance at the 1.20 level to cross over and fell lower sightly. The 1.20 level has been the area of concern for the market for a long time and needs a strong momentum to cross over. The market has a strong … Continue reading EUR/USD, AUD/USD, GBP/USD and USD/JPY Daily Outlook – September 25, 2017
The results of the German Election have re-elected Chancellor Angela Merkel for a fourth term. Her CDU party won fewer votes than was expected and Chancellor Merkel commented that “the CDU would have hoped for better result, but we mustn’t forget – looking back at an extraordinary challenge – that we nevertheless achieved our strategic … Continue reading German & New Zealand Elections, Japan next?