Attention Shifting to the Euro
In our Daily Trade Watch video, we look for high probability trade setups that we can trade throughout the day. Today, we notice that attention is shifting to the euro. We have now seen an interesting development from the EU. They have announced a €750 billion rescue fund to help European nations cope with the…
Dollar Weakness Against AUD, GBP, CAD and NZD
In our Daily Trade Watch video, we look for high probability trade setups that we can trade throughout the day. Today, we largely discuss dollar weakness against AUD, GBP, CAD and NZD. With our previous Daily Trade Watch last week, we discussed the AUDUSD breaking above the monthly high but we did not see any…
Dollar Weakness With AUDUSD First to Move
In our Daily Trade Watch video, we look for high probability trade setups that we can trade throughout the day. Today, we examine dollar weakness with AUDUSD first to move. If you look across the other majors you will see that the USD is close to breaking strong weekly and monthly levels of support/resistance in…
Euro Pushing Higher Thanks to Merkel and Macron
In our Daily Trade Watch video, we look for high probability trade setups that we can trade throughout the day. Today, we take a close look at the euro pushing higher thanks to Merkel and Macron. Overall, this was the big news for the day. A €500 Billion European recovery fund has been announced. Currently,…
GBP Close to a Major Breakout to the Downside
In our Daily Trade Watch video, we look for high probability trade setups that we can trade throughout the day. Today, we analyse the markets with GBP close to a major breakout to the downside. If you look at this chart on a daily time frame you will see the pound took an initial hit…