GBPUSD could have ended the wave minor 4 correction at 1.2768 Nov 8 low. This scenario sees the current structure as impulsive with minute waves 1,2 and 3 (perhaps 4 too) completed. In case prices slide below 1.2886 we could see the end of minuette wave a, then receive a b and c lower as part of an a,b,c zigzag. However, if prices break above 1.2940 the chances...
In today’s #marketinsights video recording I analyse #GBPUSD, #EURUSD and #USDCAD! Another failed Johnson attempt to get Parliamentarians to vote supports the #pound as now chances of an extension increase! Both an October exit (highly unlikely) or an extension could see mainly #pound and in a smaller degree #euro gain. Meanwhile, in Canada Trudeau won the...
In today's #marketinsights video recording I analyse #EURUSD and #GBPUSD #FXMajors! Pound Bid on Brexit agreement with EU. BoJo nee's to break DUP and opposition resistance and get deal through Parliament. Expected over the weekend! Euro supported by positive news and despite Germany revised GDP downward. Risk appetite up in general with #Aussie, #Kiwi, #Loonie...
In today's #marketinsights video recording I analyse #USDTRY and #EURGBP #FXMinors! Turkish Lira Under Pressure on: - Risk of sanctions - Launch of military operations in Syria - Bank charges for money laundering and fraud - Breather short-term amid US Retail Sales Pound Higher on: - Negotiations optimistic ahead of EU Summit - BoJo's attempts to get deal...
In today's #marketinsights video recording I analyse #GBPUSD and #AUDUSD Pound Lower on: - Highly complex proposal for a double customs system - Nothing substantial or "workable" submitted to EU Aussie Lower on: - Tradewar shift, again, as tariffs part of the limited deal - Phase one not documented, China needs confirmations Stavros Tousios Head of Investment...
In today's #marketinsights video recording I analyse #usdjpy and #gbpusd USDJPY affected by: - China announcing ready for a partial deal - Fed Chair not as dovish, and expected to remain the case today - US troops withdrawal from Turkey-Syria borders (perhaps to distract from impeachment inquiry?) But with Thursday's talks resuming and Trump blacklisting Chinese...
In today's #marketinsights video recording I analyse #GBPUSD and #USDCHF #GBPUSD moves on: - BoJo plan optimism on Commons - BoJo plan falling flat on Good Friday agreement threat - BoJo plan creates new borders, still seen as backstop #USDCHF looking bearish on: - Weak ISM NMI - Increased chances of rate cuts - HIgher fears of recession All eyes on NFP today!...
In today's #marketinsights video recording I analyse EURUSD, USDJPY and GBPUSD #Euro down on: - Disappointing German Manufacturing PMI (actual 41.4 vs expected 44.1 vs previous 43.5) - ECB could have made a mistake talking somewhat 'neutral' - Draghi's speech hinted to high uncertainty, decision-making harder and harder #Yen down on: - Disappointing Japanese...
Multiple reasons to short this based not on the recent Bullish breakout on the shorter time-frames, but on the longer rejection area's. Of course Forex is random factors so we wait for everything to allign before going short.
Hello traders, I hope trading goes well. Well, it's been sometime since I made video analysis, so after looking at some old charts I came up with an idea to update you on some of the FX market since December video analysis. Also, I see some very interesting developments on EURUSD at the moment. I really think it's worth to keep an eye on it. Please, if you...
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...
Gbp/usd Has seen some major decline following weak inflation and gdp figures. does the market present us with another bearish signal?
GBP/USD GBP/AUD GBP/JPY GBP/CAD Pound Meltdown now being subdued a little? Can we continue to fall?
GBP/USD has Fallen Nearly 300+ pips Since Rejecting 1.4000. THis Pair has now seen quite a divergence between the moving Averages as the new Fed Chair Powell Preaches hawkish overtones about Fed Hikes and Market Exhuberance. WIll The Cable Fall Again to Post Brexit Levels Yet Again? Looking at the chart techincally, we can see that the Weekly Ascneding Trendline...