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…
Dollar Volatility on Independence Day
In this Daily Trade Watch report, we look for high probability trade setups that we can trade throughout the day. Today, we look at dollar volatility on Independence Day. If we get some movement on the dollar then how should we position ourselves? To answer this question we have identified two high quality trades but…
Short-Term Weakness in USOIL
In this Daily Trade Watch report, we look for high probability trade setups that we can trade throughout the day. Today, we observe the short-term weakness in USOIL. Overall, it has been a tough few days for the oil markets. Firstly, due to G20 which saw a seemingly friendly relationship between Saudi Arabia and Russia.…
Clear Dollar Strength After G20
In this Daily Trade Watch report, we look for high probability trade setups that we can trade throughout the day. Today, we see clear dollar strength after the G20. With many potential trades on the table for us to choose from, the decision now becomes more about which markets give us better higher quality moves.…