Both FX indices printed bearish-coloured Spinning Top weekly candles reflecting the indecision that continues to plague broader markets. The indices also remain divergent so keep this in mind if trading Forex in the coming sessions.
There have been messy and low momentum moves for the most part across many trading instruments with the exception of that on the USD/JPY. The US$ index remains range-bound and the FX Indices remain divergent so I’m not all that surprised. Patience is needed until there are better conditions for catching momentum-based trend line breakout […]
The S&P500 and the US$ index have yet to take any new direction from FOMC and seem to need time to digest the implications of the Fed Chair Powell statement. There are two rate updates today from the BoJ and BoE, as well as Aussie Employment data, so watch to see if any of these […]
The package contains the device, a USB cable, a key chain, and three blank seed recovery sheets. An integrated microSD card slot allows adding encrypted storage directly to the hardware wallet. This mobile-only wallet supports both iOS and Android devices, with no desktop version available. Each crypto wallet has its own set of restrictions and […]
Last week: There were a number of great trend-line breakout trades on offer last week, with huge moves on the GBP/USD and GBP/JPY in particular, so I hope you were able to catch a slice of some of this action. The US$ remains range-bound but these GBP moves were driven by renewed Brexit concern. The […]