After the very bad news concerning the UK on the mutation seen in the COVID19, borders have been closed and a ban has been put on visitors from the UK. The news had a very bad effect on the markets this morning with a huge sell off on GBP and Equity markets. But to those who look closely the EURUSD didn't take a hit like the others and showed some strenght. We...
Hello Traders, I am back from holidays and a lot of action happened during the past month. The SP 500 Future did hold the 3000 and broke above the 3150 to make a fresh high at 3290. Dollar weakened due to the colossal amount of money printed by the FED and as a consequences pushed the GOLD to an All time high (Around 1950$). So inflation is most likely to eat...
In today's analysis I would like to share my view on the sp500. Since the last FED meeting and the prudence by Jerome Powell the actual Fed chairman is viewing the rhythm of economic recovery, the market stopped his recent rally and started to sell off quite intensively. After the last Friday sell off we haven't seen much of movement and the broad market is...
Hi everyone ! Today I would like to share a Trade Idea that I am playing this week, which is most likely to perform well due to a combination of fundamentals and technicals. After the recent reversal taking place with the broad dollar and the sell off in the equity markets. The oil sector is going to suffer the consequences of a strong dollar + a slow economy...
Hi everyone, Since the FED meeting, the dollar has started to strengthen and a reversal pattern is taking place. The Trend formed by the moving average 50 is tested and set for a breakout. Potential target 97.6 in extension 98.20 For live comment & anlaysis >>> Follow me on tweeter atraderinthecity @atraderintheci1