The Dollar Is Setting up Nicely
In this Daily Trade Watch report, we look for high probability trade setups that we can trade throughout the day. Today, we see that the dollar is setting up nicely and beginning to creep back into the markets. As a result, we have identified a couple of primed dollar trades which could be ready to…
USDJPY Is the One to Watch
In this Daily Trade Watch report, we look for high probability trade setups that we can trade throughout the day. Today, USDJPY is the one to watch. It is the first day of the month so don’t be too surprised if it is a little bit on the slow side. That said, the USDJPY gives us…
GBP and Oil Pushing Higher Again
In this Daily Trade Watch report, we look for high probability trade setups that we can trade throughout the day. Today, we discuss GBP and Oil pushing higher again. Parliament has overwhelmingly supported an amendment that formalises the pledge Theresa May made to her fellow MPs. This amendment effectively prevents a no deal scenario if…
GBP Strengthens on May’s Offer
In this Daily Trade Watch report, we look for high probability trade setups that we can trade throughout the day. Today, we see that GBP strengthens on May’s offer. Yesterday in Parliament, in the interest of peace and harmony, Theresa May offered the opportunity for Parliament to delay Brexit if no deal is reached. This…
Yen Weakness Is Beginning to Kick In
In this Daily Trade Watch report, we look for high probability trade setups that we can trade throughout the day. Today, we observe that yen weakness is beginning to kick in. Yesterday, we saw the JPY sell off significantly, breaking above recent structural highs in the USDJPY, GBPJPY and EURJPY. So, today, we are sticking…