➖⚡➖ KEY TAKEAWAYS ➖⚡➖ ✔️ German Manufacturing PMI (Sep) Actual @ 56.6 - Forecast 52.5 ✔️ The EU and the U.K. have agreed to hold the next joint committee meeting on Monday September 28 ➖⚡➖ MARKET SENTIMENT ➖⚡➖ ✔️ EURO: Overall EURO has been undermined lately from the fear of a second wave over in the eurozone. However to what degree is uncertain but...
RISK DISCLAIMER Information and opinions contained with this video are for educational purposes only and do not constitute trading recommendations. Trading Forex on margin carries a high level of risk and may not be suitable for all investors.
RISK DISCLAIMER Information and opinions contained with this video are for educational purposes only and do not constitute trading recommendations. Trading Forex on margin carries a high level of risk and may not be suitable for all investors.
RISK DISCLAIMER Information and opinions contained with this video are for educational purposes only and do not constitute trading recommendations. Trading Forex on margin carries a high level of risk and may not be suitable for all investors.
⭐️Key Takeaways⭐️ ✔️ BOE this Morning ✔️ Pound showing signs of weakness with YEN, EUR, CAD, and AUD ⭐️Market Sentiment⭐️ All eyes on BOE. ⭐️Technical Analysis⭐️ Currently trading just below the 1.30 handle where we find a confluence zone of resistance levels. Should we manage to break and hold above this confluence on the 4hr timeframe, I will be looking...
⭐️Key Takeaways⭐️ ✔️ CAD Jobs Data last week disappointed causing breakout ✔️ Risk-Off Sentiment / Correction in Equities caused boost in USD ⭐️Market Sentiment⭐️ Yesterday the JOLTs Job Openings for the month of July came in better than expected at 6.618M. This added towards the risk-on sentiment we saw yesterday. This morning equities open up on a...
⭐️Key Takeaways⭐️ ✔️ ECB on tap this morning ✔️ SPX turns bullish adding weakness to the dollar ✔️ XAUUSD maintains it's bullish strength - adding further weakness to the dollar ✔️ Yesterday JOLTs Job Openings (Jul) better than expected ⭐️Market Sentiment⭐️ Yesterday the JOLTs Job Openings for the month of July came in better than expectations at 6.618M....
⭐️Key Takeaways⭐️ ✔️ Currently holding above the 93 handle respecting the hammer weekly candle ✔️ China / US trade war tensions easing off ✔️ S&P 500, Nasdaq Close at Record Highs Again as Traders Cling to Tech ⭐️Market Sentiment⭐️ Sentiment towards the U.S. dollar has improved due to positive economic data on economic activity, but concerns linger regarding...
⭐️Key Takeaways⭐️ ✔️ GBPJPY up against a critical resistance level around the 140 handle ✔️ Yen broad weakness across the board ⭐️Technical Analysis⭐️ Looking at the 4 hour time-frame GBPJPY hovers just below the critical psychological 140 handle. A break above this level could open further upside towards to next critical level around 144. However in the...
⭐️Key Takeaways⭐️ ✔️ BTCUSD continues to loose bullish strength. 11k downside first target ✔️ CHFJPY, stalling out below the 116 handle - warrants 115.50 near-term downside target ⭐️Technical Analysis⭐️ Just a quick followup video from this morning's simple setups. Regards, Michael Harding RISK DISCLAIMER Information and opinions contained with this video...
⭐️Key Takeaways⭐️ ✔️ BTCUSD struggles to hold above the 12000 handle. ✔️ DXY showing signs of bearish momentum stalling out ⭐️Technical Analysis⭐️ Risk to Reward more favorable to lock-in long positions and wait for a decent pullback at least to the 11000 zone. Another option considering the lack of the bullish momentum below the 12000, might be to consider...
⭐️Key Takeaways⭐️ ✔️ CHFJPY Bull trend showing indications of a possible reversal ✔️ Strong bearish candles starting to emerge ⭐️Technical Analysis⭐️ Waiting for a break below the recent bullish upswing. A break below that support level along with a pullback should open a decent short scalp trade down towards the ascending support Regards, Michael...
⭐️Key Takeaways⭐️ ✔️ Daily Resistance ✔️ Bullish momentum stalling out ✔️ Brexit negotiations ongoing this week ⭐️Technical Analysis⭐️ Just a simple scalp trade guys. Very basic setup but seems likely. Regards, Michael Harding RISK DISCLAIMER Information and opinions contained with this video are for educational purposes only and do not constitute trading...
⭐️Key Takeaways⭐️ ✔️ Daily Bearish Engulfing still a valid clue ✔️ Better than expect Core Retail Sales ✔️ Upside seems to be limited to 1.19 ✔️ Still no additional stimulus from the Fed ⭐️Technical Analysis⭐️ Currently trading above the 1.18 handle with more dominant bullish strength in play, however the upside seems to be limited to 1.19 at least for now. If...
⭐️Key Takeaways⭐️ ✔️ Waiting for correction with Nikkei 225 to add strength to the Yen ✔️ Waiting for oil to top off to add weakness to the Loonie ⭐️Technical Analysis⭐️ This is just a follow up video for the last 2 trades that I posted here on TradingView. No additional trade setups for these 2 pairs as of yet but I'll keep you guys posted if a decent low risk...
⭐️Key Takeaways⭐️ ✔️ Approaching critical level of resistance ✔️ Waiting for lower low on 1 hour timeframe to enter a scalp ⭐️Technical Analysis⭐️ Daily time frame shows the pair approaching a significant level of resistance around 1.0850. RSI is suggesting the bullish momentum is still fairly strong as it enters the 70 zone. A lower low on the 1 hour would...
⭐️Key Takeaways⭐️ ✔️ Canadian GDP +4.5% / Japan GDP -0.6% ✔️ Correction with Nikkei 225 - break below 200SMA ⭐️Technical Analysis⭐️ Last Friday we had a nice boost with the Loonie after Canada reported better than expected GDP at +4.5%. Just recently on the 1hour we had a little fake-out below the 200SMA as price action quickly rebounded. Now waiting for some...
⭐️Key Takeaways⭐️ ✔️ EURUSD continues to establish higher highs. ✔️ Third impulse wave greater in size than first wave suggesting bullish momentum after the correction ✔️ Downside correction limited to 1.13 just above the 200SMA on the daily timeframe ✔️ If SPX and XAUSUSD start to correct it could add some shortterm strength to the greenback ⭐️Technical...