Price is facing bearish pressure from our first resistance where we could see a drop below this level. Ichimoku cloud and 20 EMA are showing signs of bearish pressure as well.
EURGBP dropping from the trendline | 9 July
EURGBP is touching the trendline and could drop further from the trendline! Thanks everyone for tuning in to today's analysis . If any part of this video is unclear, please ask me for in the comment section below. If you found today's video useful in any way, please "like" this...
EURGBP dropping from the trendline | 9 July
EURGBP is touching the trendline and could drop further from the trendline! Thanks everyone for tuning in to today's analysis . If any part of this video is unclear, please ask me for in the comment section below. If you found today's video useful in any way, please "like" this...
Podcast: Chinese equities jumps to 2015 levels and gold blast beyond 1,800
Just as we thought risk was headed lower things have reversed across equities with US technology stocks extending momentum and Chinese equities jumping higher again today reaching highest levels since 2015. Gold has staged a strong and convincing breakout of the 1,800 level with lower real yields and rising uncertainty...
Market Quick Take – July 9, 2020
Risk is bouncing back broadly in equities but the real show is in Chinese equities, US technology stocks and then gold which has managed to stage a convincing breakout above 1,800, which will most likely attract trend-following CTA hedge funds adding more fuel to the momentum. What is our trading...
Macro Dragon: Synthetic Fridays & Arbing Wkds…
Macro Dragon = Cross-Asset Daily Views that could cover anything from tactical positioning, to long-term thematic investments, key events & inflection points in the markets, all with the objective of consistent wealth creation overtime. (These are solely the views & opinions of KVP, & do not constitute any trade or...
Boxed in crude oil looking for a break
Crude oil update with focus on a market increasingly boxed inWhat is our trading focus? OILUKSEP20 – Brent Crude Oil (September) OILUSAUG20 – WTI Crude Oil (August) XOP:arcx – Oil & Gas Exploration & Production XLE:arcx – Energy Select Sector SPDR Fund (Large-cap US energy stocks) ____________________________________________________________________________________________________ Crude oil has...
Synchronized breakouts in gold and silver
Gold and silver updateWhat is our trading focus? XAUUSD - Spot gold XAGUSD - Spot silver XAUXAG - Gold-Silver ratio GLD:arcx - SPDR Gold Shares ETF GDX:arcx - VanEck Gold Miners ETF ____________________________________________________________________________________________________ CNBC interview discussing the latest gold developments Spot gold has broken above $1800/oz thereby succeeding what it...
Breakout Identified in USDJPY
The Breakout Opportunities system has just sold USDJPY at 107.488. The system recommends entering this trade at any price between 107.312 and 107.56. The signal was issued because the USDJPY has broken its 24-hour low while our Speculative Sentiment Index was at 2.112, suggesting that the USDJPY may have further...
ETHUSD Holding below descending trendline | 8th July 2020
This is a chart shot of today's video on ETHUSD Today we will take a good look at ETHUSD and what possible key levels to look out for. Right from the long term, down to the short term! I utilise quite a bit of Fibonacci and graphical price action. Would...