Dollar strength is the order of the day
In today’s Daily trade Watch video we take a close look at the continuing strength seen in the US Dollar, this Dollar strength is the order of the day.. Having seen a mildly hawkish FOMC, this mixed with largely positive economic data with bullish expectations and US/China trade talks nearing a conclusion makes it easier…
FOMC is proving positive for the US Dollar
In this Daily Trade Watch report, we look for high probability trade setups to trade throughout the day ahead. After last nights rate decision and statement, we can see that the FOMC is proving positive for the US Dollar. In fact, initially we saw the US Dollar weaken once the rate decision was released. However,…
Keep an eye on positive GBP sentiment
In this Daily Trade Watch report, we look for high probability trade setups that we can trade throughout the day. Today, we will keep an eye on positive GBP sentiment, certaintly if we see continuation to the up side on the charts. Yesterday, the Labour party in the UK announced that they would support a…
Dow Jones 30 – Looking for a New All-Time High
Dow Jones 30 develops a new bullish sequence which started on December 26, 2018, when the price found buyers at 21,452.5 pts. In this post, we review our vision for Dow Jones Industrial Average. The Big Picture The Dow Jones 30 index in the weekly chart shows an upward sequence. The leader US index has…
Good technical set up in the USDCAD
In this Daily Trade Watch report, we look for high probability trade setups that we can trade throughout the day. Today, we take a close look at a good technical set up in the USDCAD. This market gives us some nice price action to work with at least at this point. When we look at…