News
Market volatility continues to decrease as the S&P 500 VIX (also known as the “fear index”) dropped to 21 points, the lowest level since March 9th. It’s worth noting that this was around the time when the first news related to SVB Financial started to emerge: The two key culprits of recent instability in European […]
TitleDXY H4 | Potential bullish reversal TypeBullish Bounce Preference:Price is currently at our pivot at 102.2145, which is an overlap support along with a 50% Fibonacci retracement. If price reverses, it could push up to 1st resistance at 102.7547, which is a swing high resistance Alternative scenario:If the price breaks below the pivot, it could […]
Weekly Live Market & Trade Analysis 28-03-2023 In this week’s live market and trade analysis session we reviewed active set ups in the indices, forex, commodities and crypto markets, to watch the recording click here. Markets are on the move, join me Tuesdays @ 1pm GMT+1 for ‘Real Time Actionable Analysis’ I will review current […]
EURUSD has grown a bit on Tuesday. The current quote is 1.0810. With the fears of investors concerning the outbreak of a full-scale banking crisis fading into the background EURUSD is getting back its buyers. The stress from Friday gave a serious scare to the capital market. However, no more signals of problems in the […]
TitleDER30EUR, H4 | Potential bearish reversal TypeBearish Reversal Preference:Price is approaching our pivot level of 15336.48 and could reverse from here, we could see momentum move price down to its 1st support of 15132.22. Alternative scenario:If price breaks above the pivot level, it could hit the 1st resistance of 15480.16. To discuss this trading idea, […]
Daily Market Outlook, March 28, 2023 Banking Stress Recedes, Relief Rally In Bank Shares Supports Sentiment Following a mildly positive finish on Wall Street Asian equities have also posted modest gains overnight as risk sentiment remains buoyed by a belief that the banking stress of the past few weeks is starting to recede. The Fed […]