Chinese HK50 turned up, the USD is supported by strong retail sales figures, gold will try to consolidate after a decline, and oil needs correction.
HK50 recovers, USD GDP next / Trade ideas for July 29
The Federal Reserve signaled that it’s not in a hurry to taper monetary stimulus, and the USD weakened. Now traders are awaiting the release of the US GDP at 15:30 GMT+3. AstraZeneca stock offers an interesting setup on the chart. Watch the video to get the outlook for gold, oil, and EUR/USD!
CPI data surprises the market, the Chinese economy is in danger because of the Evergrande debts and more in our new Trading Plan for September 15.
The pressure on the tech firms coming from the Chinese regulator has increased, while the USD got stronger ahead of the European trading session…
A selloff in stocks stopped. S&P 500 has reversed up from the 100-day moving average. It should be the perfect time to buy the index. Watch this video to learn more!
How will the Federal Reserve, the Bank of England, the Bank of Japan, and the Swiss central bank move the market? Watch the weekly video to find out and get trade ideas for Forex pairs, oil, gold, and S&P 500!…
HK50 struggles on Chinese & Japanese holidays, US consumers sentiment at the worst point since 1980…