Not Looking Good for the Pound
In this Daily Trade Watch report, we look for high probability trade setups that we can trade throughout the day. Today, we see that it is not looking good for the pound as we take a very close look at yesterdays price action in the pound. Along with the recent negative news events over the last…
Trade the Dollar but with Caution
In this Daily Trade Watch report, we look for high probability trade setups that we can trade throughout the day. Today, we look to trade the Dollar but with caution. Having seen the USD strengthen against most pairs yesterday, we are looking for continuation in today’s markets. Specifically, we are looking to sell the EURUSD below 1.1257. That…
GBPNZD – Long-term Analysis
GBPNZD – Long-term Analysis The GBPNZD cross in the long-term overview is developing a corrective move from the pre-Brexit level 2.0470. In this post, we will review our two scenarios for this cross. The Weekly Overview Watching the weekly timeframe, we appreciate that GBPNZD cross made a bullish cycle from 1.67049 on November 2017, to…
S&P 500 at the 200 Day Moving Average
In this Daily Trade Watch report, we look for high probability trade setups that we can trade throughout the day. Today, we discuss the S&P 500 at the 200 day moving average. Recently, we have spoken a lot about the recent bullish sentiment and price action behind the US equities. This sentiment still continues. However, we have…
Have a Look at Gold and FTSE
In this Daily Trade Watch report, we look for high probability trade setups that we can trade throughout the day. Today, we advise you to have a look at Gold and FTSE. Regarding Gold, this market has been in a mini bull trend over the last few months. However, over the last few trading days,…