Market update - FX, Indices, BTC/ FOMC meeting and NFP in sight
Hello everyone,
I hope all is well and welcome to a new trading week.
In this video i have reviewed some trades that we took this week. Although was wrong on some ideas we had the winners outweigh the losers.
Currently the market is in a make or break moment and we might have the Santa Rally for indices till FOMC. With NFP in sight i think we might consolidate a bit this week rather than follow through so a bit of patience is required. Once we get the key figures i think good opportunities will arise.
#EURUSD is a tough cookie at the moment as the inflation numbers are dropping very fast. I think that might spark some sort of USD short term rally correction.
#USDCAD is something that i will not look at as Oil prices are dropping(although welcoming development for inflation) i don't see why the loonie is getting so much attention. So when there is something you dont understand, stay away from it.
#AUDUSD - this is one asset that sparks me with interest as we are about to breakout. Although the data in Australia is pointing to prolonged higher rates than most of countries there is also the risk of China market crashing.
That is it for today. Hope you enjoy
I hope all is well and welcome to a new trading week.
In this video i have reviewed some trades that we took this week. Although was wrong on some ideas we had the winners outweigh the losers.
Currently the market is in a make or break moment and we might have the Santa Rally for indices till FOMC. With NFP in sight i think we might consolidate a bit this week rather than follow through so a bit of patience is required. Once we get the key figures i think good opportunities will arise.
#EURUSD is a tough cookie at the moment as the inflation numbers are dropping very fast. I think that might spark some sort of USD short term rally correction.
#USDCAD is something that i will not look at as Oil prices are dropping(although welcoming development for inflation) i don't see why the loonie is getting so much attention. So when there is something you dont understand, stay away from it.
#AUDUSD - this is one asset that sparks me with interest as we are about to breakout. Although the data in Australia is pointing to prolonged higher rates than most of countries there is also the risk of China market crashing.
That is it for today. Hope you enjoy