Technicals: Currently in a range and price action is currently above a weekly/monthly support level.
Fundamentals: No AUD high impacting news for the week, so relatively will consolidate alongside GBP has one high impact news to cast on Friday which could cause a breakout on the current week's highs. If the fundamentals present to be neutral or bearish, the pair...
Four different trades I've noticed based on price action from significant technical areas.
Fundamentally speaking: Everyone's still had home on their phones using Facebook for their purposes to not be bored since the majority of individuals are being quarantined. As well this company has remained bullish under the current crisis and remained unaffected despite a...
Fundamentals: Current Instability surrounding the Political Environment from the current situation with the US Elections and WE controversy may delay the price action for CAD, possibly for a bullish dollar next week.
Technicals: Currently in a downtrend. From last week I notice USDCAD rejected 1.35-1.36 levels where the price was consolidating. It was previously...
Swing Trade
- No high impact on Japanese fundamentals in the market, so any bias on the Yen would be neutral
- The majority of European Union news is bullish. French Market Manufacturing PMI, German Market Manufacturing PMI, EU PMI Composite, and German PMI Composite is higher than previous numbers
- Retesting black support line on the 4HR
- Breakout on the gold...
in the past, for second day play earnings usually is hype for speculators for the scalp and then other traders will scoop them up like ice cream before increasing for the fourth day for their trades to buy.
people may also say that Jeff Bezos handled the testimonies not too bad, some may perceive it as cruel CEOs who are always making money while those who...
it will have to retest the support line and it continues being bullish due to a large amount of speculation coming into the markets, otherwise if it breaks the line and retests under the line, it will be a small drop for a short-term bearish event from some sort of fundamentals, possibly the weather situations in the southwest and southeast states like Texas and...
1Hr + 4Hr + Daily + Weekly Resistance plus inside a consolidation
European Union Central Bank is probably borrowing more money from the US Fed than the Japanese Federal Bank
gold has a huge surge of going up due to a large about of money the US government is printing, the likelihood of the dollar continuing to devalue itself. Also, the possibility that XAU will continue to go up every day as long the FED continues to print more money and the US government continues giving out stimulus checks to its citizens
