In today's #marketinsights video recording I analyse #EURJPY and #GBPCHF #EURJPY looking bullish on: - Expectations of further BoJ easing - Poor JP consumer confidence - Soft BoJ monetary base - Good German PMIs and EA Inflation #GBPCHF looking bearish on: - Expectations of a strong franc - Poor UK construction PMI - Fresh BoJo proposal sentiment Stavros...
This is a 6H chart of the DAX. Markets globally are heading south. Even the super-resilient Brazilian Bovespa is beginning to buckle. In this screencast I show what the price action is like for the DAX and why I think the market is exhausting. I may well be totally wrong - but I'll limit how wrong I am with an acceptable stop-loss. Three main issues plague the...
Well, well - I have to thank Mr Trump for breaking the news that he's gonna raise tariffs on China about an hour before the open of the markets last night. The DJI and loads of other markets took a dive. I'm short of course, and trailing a 2H ATR trendline. On open of the markets there was a gap down of about 430 points. Never before have I seen anything like this...