Recap
In the past week, the markets have shown a series of traps and failed breakouts/breakdowns, with a significant bear trap occurring last Thursday. The ES sold 75 points, only to bounce back, demonstrating the biggest bear trap in 2 months. The 4608 level has been resistance for a full week, tested 4 times with one failed breakout.
Markets Overnight
🌏 Asia:...
This is weekly Market Wrap. Here readers can view price of particular securities at market close ending week 13th August 2021.
Forex (13th August 2021):
EURUSD – Close price = 1.17949 USD
EURAUD – Close price = 1.59998 AUD
EURCAD – Close price = 1.47591 CAD
EURGBP – Close price = 0.84989 GBP
USDCAD – Close price = 1.25135 CAD
USDGBP – Close price = 0.72108...
