Next Leg down for the GBPUSD
In this Daily Trade Watch report, we look for high probability trade setups that we can trade throughout the day. Today, we discuss the next leg down for the GBPUSD. It should be no surprise to hear that the fundamentals behind the British pound look relatively poor versus many of the other majors. Of course,…
Bullish Continuation in the US Indices
In this Daily Trade Watch report, we look for high probability trade setups that we can trade throughout the day. Today, we discuss the bullish continuation in the US Indices. We currently have strong fundamentals and sentiment supporting US Equities. The most imposing right now is the potential that the FED will decrease interest rates…
EUR Under More Pressure Again
In this Daily Trade Watch report, we look for high probability trade setups that we can trade throughout the day. Today, how EUR is under more pressure again. Looking at the markets, we can see that the euro has seen a bit of bullish sentiment creep in over the last couple of weeks. However, when…
Pound Strength Against the Euro Is a Possibility
In this Daily Trade Watch report, we look for high probability trade setups that we can trade throughout the day. Today, we see that pound strength against the euro is a possibility. Purely from a technical perspective, we look to identify strong levels of support and resistance in this currency pair. We can identify a…
AUSUSD Is Looking Bearish Again
In this Daily Trade Watch report, we look for high probability trade setups that we can trade throughout the day. Today, we see that AUSUSD is looking bearish again. Looking at the markets, we have been in a downtrend for quite some time and we have capitalised on quite a few of these trades over…