Continued GBP and EUR Weakness but with a Difference
In this Daily Trade Watch report, we look for high probability trade setups that we can trade throughout the day. Today, we are taking a strong look at continued GBP and EUR weakness but with a difference. To start with, we are looking at the EURUSD with our technical cap on. Simply, a break below the recent…
Dollar Index Forecast
Dollar Index Forecast The Dollar Index (DXY) during this year has had a performance close to 5.6%. In this article, we will review the Dollar Index (DXY) and our projections for the coming weeks. The DXY during this 2018 is performing an upward cycle, advancing near to 10.5 per cent. The weekly chart shows that…
GBP and EUR Weakness with US Indices Strength
In this Daily Trade Watch report, we look for high probability trade setups that we can trade throughout the day. Today, we observe GBP and EUR weakness with US Indices strength. Firstly, let’s begin with the potential for the EUR, GBP and AUD to continue to weaken against the USD. In the EURUSD, we can see that the…
More Volatility and FTSE/EU50 Pushing Lower
In this Daily Trade Watch report, we look for high probability trade setups that we can trade throughout the day. Today, we document the fact that many markets have experienced erratic and extreme volatility over the last day or two. In particular, we look at more volatility and FTSE/EU50 pushing lower. Much of the market volatility…
Major Market Volatility and USDCAD Higher
In this Daily Trade Watch report, we look for high probability trade setups that we can trade throughout the day. Today, we discuss the market conditions and the lack of clear direction. In particular, we look at major market volatility and USDCAD higher. These market conditions do not really surprise us in any way due to…