Focus on British Pound and USOIL Again

Focus on British Pound and USOIL Again

In this Daily Trade Watch report, we look for high probability trade setups that we can trade throughout the day. Today, we focus on British Pound and USOIL again. First is GBPUSD. As a result of ongoing Brexit negotiations and votes in Parliament, we have had a few days of significant volatility. Technically speaking, yesterday’s…

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Technical Set Up for USOIL

Technical Set Up for USOIL

In this Daily Trade Watch report, we look for high probability trade setups that we can trade throughout the day. Today, we discuss a technical set up for USOIL. We have been discussing the USOIL market over the last couple of days. As you can see from the trading chart, we have not yet broken…

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All Eyes on Brexit, but Don’t Forget Oil

All Eyes on Brexit, but Don't Forget Oil

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 Brexit, but don’t forget oil. Brexit is the most important fundamental event of the week if not a month. Tonight, we will see a second vote on Theresa Mays…

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Big Move South for the Euro

Big Move South for the Euro

In this Daily Trade Watch report, we look for high probability trade setups that we can trade throughout the day. Today, we see a big move south for the euro and we have taken note of yesterday’s volatility in the EURUSD. Off the back of Draghi’s press conference, the EURUSD started to plummet to the…

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AUD Is Weak After GDP Figures

AUD Is Weak After GDP Figures

In this Daily Trade Watch report, we look for high probability trade setups that we can trade throughout the day. Today, we see that AUD is weak after GDP figures. Looking at the AUSUSD from a fundamental perspective, yesterday we saw the quarterly GDP figure come in 0.3% lower than an expected figure of 0.5%.…

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