Hi everyone, with the next trading week coming up, and market opening tomorrow, here is a trade idea I've got for you guys. EURJPY Long Fundamentals: EUR: has been doing ok, good numbers for countries in Europe coming out, so I would see EUR as pretty bullish JPY: with the US-China Phase One Deal being agreed on, and as per some sources, will be signed on the...
Here is an idea: GBPAUD Long. Why you may ask, here are a few reasons: - UK General Elections on December 12th (current predictions are Tories winning the elections, and market wants Tories to win) - December 15th Tariffs (Trump still hasn't taken a decision on what to do with December 15th tariffs, most likely I believe he will keep them as tensions has started...
Hello guys, As we can all see everyone in the UK was so excited about taking a direction on the 13th of December so price has been pumped up to 1.35 where reality (a.k.a Boris Johnson and his Brexit plan) kicked into our teeth and started a sell off the British pound. By Christmas the sellers cooled down a little bit so the market could finally started a...
The pound experienced one of the worst week these years. Johnson and the deadlines greatly spoiled the mood for buyers of the British currency. The ghost of an exit without a deal materialized again. However, its probability is no more than 25% (according to Goldman Sachs analysts), many hastened to take profits from the sharp growth of the pound in the...
There was a lot of talks about Trump Impeachment. Despite the decision of the House of Representatives, the chances of gaining Senate support are extremely low (gaining 2/3 of the vote is almost impossible). So the reluctance of the dollar to fall against this formally negative fundamental background is generally understandable. And if the dollar yesterday felt...
US President Donald Trump has been impeached by the Democratic-led House of Representatives for obstruction of Congress and abuse of power related to his dealings with Ukraine. The votes made Trump only the third president in United States history to be impeached and set the stage for a likely trial in the Republican-led Senate in January. This event has already...
based on my strategy tomorrow BITSTAMP:BTCUSD will probably go down
probably tomorrow BTCUSD go up cause a support
due to AUDUSD, that will probably go up, CADJPY will probably go down
in the short term we think of a possible growth but not in the "long term"
Elections in the UK, ECB decision and potential approach the finish line in the first phase of negotiations between the US and China. We will take these matters up one by one. In Britain, parliamentary elections were held. The conservatives, led by current Prime Minister Boris Johnson, confidently won. This victory quite radically changes the political alignment...
Prime Minister Boris Johnson won a big victory at yesterday’s general elections with an estimated 360 seats versus the 326 needed for a majority. As result British Pound traded broadly higher, with six out of the seven GBP pairs rallying over 2% in just of a minutes. GBP/JPY was the biggest gainer of course, also because weaker yen, due to talk of a phase 1 trade...
It’s finally election day in the UK. Can Johnson win a majority and deliver on Brexit or is there more pain to come? The UK may finally would be able to put the epic Brexit saga behind it. GBP/USD is sitting now on 9-month high and H4 RSI is in overbought zone. Boris Johnson is ready to take Britain out of the EU with the deal negotiated just weeks ago. Whether...
In yesterday’s review, we already noted that this week may be decisive for several financial assets, and the global economy as a whole. On December 15, the United States may introduce tariffs on goods from China and thus bring trade wars to a new level. It's entirely up to an agreement between the parties. Even though we have heard positive statements for more...
The UK General Election 2019. All you need to know. Plus, a great betting opportunity guide as a bonus. As we all know, The UK General Election is to take place on 15th of October, deciding the fate of the country not only for the next 5 years, but for the decades to come! The need for the election was obvious, given the Brexit impasse in the parliament, that...