Opportunity in EURJPY to the Downside
In this Daily Trade Watch report, we look for high probability trade setups that we can trade throughout the day. Today, we analyse an opportunity in EURJPY to the downside. Looking at this market on a daily time frame, you will see that we are firmly in a downtrend. Prices have been in a descending…
Gold Has Pulled Back to Strong Support
In this Daily Trade Watch report, we look for high probability trade setups that we can trade throughout the day. Today, we discuss how Gold has pulled back to strong support. Recent geopolitical developments, ongoing Brexit negotiations, trade war concerns and heightened tensions again between the US and Iran, not forgetting the recent dovish Central…
USD Turnaround Gives Us a Good Gold Trade
In this Daily Trade Watch report, we look for high probability trade setups that we can trade throughout the day. Today, we discuss how the USD turnaround gives us a good Gold trade. The reason for this end of day move we saw in last night’s markets was apparently down to further dovish commentary from…
Pound and US Indices Weakness
In this Daily Trade Watch report, we look for high probability trade setups that we can trade throughout the day. Today, we look at pound and US Indices weakness as both are currently experiencing negative sentiment to the downside. Firstly, looking at the GBPUSD, we have been in a clearly identified downtrend for over 5…
All Eyes on NFP Once More
In this Daily Trade Watch report, we look for high probability trade setups that we can trade throughout the day. Today, we have all eyes on NFP once more. Having experienced G20 over the weekend, OPEC decided to extend supply restrictions for an additional 9 months. RBA reduced interest rates by 25 basis points and…