Trade ideas for March 28 - April 1
Last week marked the consolidation for the most active assets of March 1-15 (which is oil and gold). But next week has a lot to show, be ready to take part!
NZD/USD: 'V-Top' pushing price lower
2019-11-11 • Updated
The price is declining because of the last 'V-Top' pattern. There's a new local low and we have no any bearish pattern so far. In this case, the market is likely going to achieve the previously tested support at 0.6751 - 0.6743 in the coming hours. If a pullback from these levels happens thereafter, there'll be an opportunity to have an upward correction towards the nearest resistance at 0.6786 - 0.6807.
Similar
GBP/USD Near Supply Zone
GBP/USD has managed to rise for the third trading day in a row including today’s Asian session, while the daily technical indicators are moving higher gradually.
Gold: a risk of selling
As warned over the past few days, gold is not in a position to keep on rising. Yesterday gold managed to rise all the way to $1,916.
Latest news
Gold’s Next Move Could Be Huge!
Let's dive into the world of gold. Currently, the price of gold, represented by XAUUSD, is stuck in indecision, hovering around the $1,975 mark. The market is anxiously awaiting two important factors: the release of the Federal Reserve's meeting minutes and the extension of the US debt ceiling.
What to Trade in June
Hey guys, this is the last full trading week in May, and many forward-looking individuals like myself are already preparing themselves to seize whatever opportunities June may have in store. On this note, I will review a few commodities that have satisfied my quest for swing-trading opportunities in the coming month. Follow me!
Will GBP Recover Now?
The Bank of England (BoE) has dramatically shifted its economic forecasts. They no longer expect a recession in the UK and have upgraded their growth projections. This year, the BoE predicts GDP growth of +0.25%, a significant improvement from previous expectations. Next year's forecast is even more optimistic, with a projected growth of 0.75%.
