In today's #marketinsights video recording I analyse DXY and SXP! Equities look bullish and the US index bearish, from a technical perspective. On the (geo)-political front their prices are and could remain being affected by: - A somewhat dovish?! Fed - BoE and Brexit (BoJo visits EU today for talks!) - SA attack and expectations on reduced oil production -...
Looking at a basket of Sterling pairs on a variety of time-frames. (You can add this to your own watchlists by copying this code: GBPAUD*GBPCAD*GBPCHF*GBPJPY*GBPNZD*GBPUSD*GBPEUR ) There appears to be some evidence of a bottom shaping on the 4-hour chart. Expecting a bumpy ride with Sterling, but I believe the Risk/Reward is looking favourable in the short...
Feel free to check my video and get an understanding on what I am looking for next week in the markets!
In this video update, we take a look at GBPUSD as we typically see the price rise through April. Currently, the price is consolidating on the daily chart however the 4hr shows potential higher highs forming if we can see the USD weaken. A break and close above the daily highs will give us opportunities to go long on a re-test of structure support.
In this video update, we take a look at the GBPUSD price as Britain prepares to leave the European Union. The market continues to consolidate in the key wedge pattern however a break of 1.3000 should see the bears steamroll the value of the GBP lower towards 1.2700. If somehow PM May gets her deal through and the deadline sees an extension expect further upside to...
Kuno Invest - Currently watching GBPUSD with the view to taking a long position, Please watch our video for details behind our analysis.
The end of March is fast approaching so all eye should be on GBP just in case we get a big move. Here we discuss what happening in the UK Parliament this week and what the possible outcomes will be. This is not investment advice I'll up date this idea as it develops Please remember to give this idea a thumbs up even if it just for effort Steve Nixon Trainer & Mentor
Would of done this video with voiceover but have ze man flu & sound crokey as hell. WEEKLY back under & failing at major resistance levels. 4 Hour broke briefly above resistance but closed below & confirming resistance with multiple failed tests.
In today's video we discuss the current situation with GBPUSD and how BREXIT talks have been affecting the market. We see further downside here as resignations from Prime Minister Mays Cabinet start to appear. The resignations show a lack of support for the current agreements and could force Prime Minister May to fight for her position. Technically the large...
In the screncast I start off with GBPAUD on a weekly time frame and move on into much lower time frames across other pound-pairs. The geopolical/macroeconomic picture for the UK with Brexit, creates uncertainty. There are reliable reports of preparations for pharmaceutical stock piling, big push in logistics sector for storage of tinned food and firelighters...
Based on Weekly Price action for GBP/JPY we can see that This pair has broken a weekly Major Trendline and Retested the Area with some Choppy Consolidation and Rejection. A 61.8% rejection is also in line with Key weekly levels that also supports the idea that the -27% extension passed 140.00s will be reached. A quick glance over at the BXY will also show some...