In this Daily Trade Watch report, we look for high probability trade setups that we can trade throughout the day. Today, we speculate on the calm before the G20 storm. With markets fairly active going into this significant two day event, it does have to potential to be explosive in terms of trading.
The major reason for this current market activity is down to potential trade war talks between US President Trump and President Xi from China, who are representing two of the world’s largest superpowers. The markets are very much expecting some form of positive outcome, even if it is just an image suggesting tensions can be eased.
We obviously don’t know just yet how things will go, however, we have identified a few trades like the EURUSD, Gold, USOil and S&P 500 markets that we will be watching very closely. We have identified the significant highs and lows in each of these markets.
The Calm Before the G20 Storm – Full Video Analysis
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