In this Daily Trade Watch report, we look for high probability trade setups that we can trade throughout the day. Today, we observe USD and Crude Oil markets.
USD
We have seen the USD strengthen significantly against most major pairs. However, the ones we are going to focus on include selling the EURUSD below a weekly low, structural low and below yesterday’s low of 1.1437. The other US pairs which are of interest include the GBPUSD, AUSUSD and NZDUSD all below yesterday’s low and the USDCAD above yesterdays high.
Today’s trading is more about identifying Dollar strength and then choosing the better quality, high probability trade setups.
Crude Oil
The other group of markets which are providing us with better opportunities include the Oil markets, specifically the WTI Crude Oil market. This market has seen a strong consistent move lower below the 70.50 support level. So, if we see a break below yesterday’s low of 68.48 then we can expect a strong move to continue to the downside.
USD and Crude Oil Markets – Full Video Analysis
So, interested in learning how to consistently make money trading these financial markets and accessing over 76 LiveTradeRooms per month? You can now join us for as little as £9.99 per calendar month. It is a membership with no contract and you can cancel anytime. With such a low price point for professional trading mentorship, you have absolutely nothing to lose!
To make it easier for you, for a limited time, we will gladly give you a 14 Day Free Trial. You will get the opportunity to experience what we have to offer before paying the small membership fee. CLICK HERE TO GET STARTED.