Hi there Everyone 👋 Join Mentorship Group Here: https://t.me/joinchat/vnRUWPqwN343MWU8 LEARN HOW TO TRADE HERE: https://fxgoat.teachable.com/?affcode=540026_rmt0uglb Join The $18(R250) FX GOAT VIP Currency Mentorship 2.0 TODAY! Using The Link Below https://upgrade.chat/818518117608325160/upgrades Join The $18(R250) FX GOAT VIP Indices Mentorship 2.0 TODAY! Using The Link Below https://upgrade.chat/819225808530571324/upgrades RECOMMENDED BROKER: https://northstar-fx.com STOCKS & INVESTMENTS COURSE LINK BELOW! https://fxgoat.teachable.com/p/stocks-and-investment-course
Crude oil moved to test the swing low from March 15 The price of crude oil moved down to test the swing low from March 15 at $93.53. The low price just reached $93.81 and is seeing a bounce back higher. The current price is trading around $95.20 that still down around one dollar on
AUDJPY The AUDJPY moved up to test the cycle highs and highest levels going back to 2015 on Tuesday and Wednesday, but fell short of the high from last week at 94.327. The highs reached 94.16 and 94.136 respectively. That led to some selling into the close yesterday and a further move lower today. The
The strongest to weakest of the major currencies The strongest currency is the US dollar while the weakest of the NZD as North American traders enter for the day. It’s Friday. TGIF. Market activity can be more volatile at the end of the week going into the weekend when the markets are closed. Russia cut
GBPUSD looks toward the 1.2999 swing low for 2022 The GBPUSD is trading to a new swing low and new week low at 1.3018. The move takes price to the lowest level since March 15. The swing low for the year reached 1.29987 on March 14, and a near identical level of 1.2999 on March
US dollar index moved above the 100.0 As the dollar index cracks the 100.00 level, the USDJPY is also moving to a new high for the day. However, it is still short of the high from March at 125.093. The high price just reached 124.497. The USDPJY is working on the 6th consecutive day to
EURUSD is lower for 7 consecutive days The EURUSD is working on its 7th down day in a row. Now there has been ups and downs – especially on Wednesday and Thursday – but the highs have seen limits. Yesterday and on Wednesday, the highs for the day stalled near the swing lows from March
USDCAD moves up to test the 200 day MA The USDCAD has moved higher following the USDs move higher in the North American session. The Canada jobs report came in around expectations and had limited impact after the release. However, the USD buying has given the pair a push to the upside over the last
EURUSD moves above swing lows from Wednesday/Thursday The EURUSD has bounced and in the process, moved back above the swing lows from Wednesday and Thursday between 1.0863 and 1.0873. The price is currently trading at 1.0873 which is just below the close from yesterday at 1.0878. The high price reached 1.0879 so far. As outlined
AUDUSD bounced off an old ceiling today. The AUDUSD moved lower with the USD buying and “risk off” sentiment. The move lower saw the pair move to a swing area between 0.7420 to 0.7429. That area was a ceiling going back to March 7 to March 21 (see green numbered circles). The push higher in
USDCHF moved up to the swing area and reversed The USDCHF moved up on the daily chart extending to a new high for the week in the process. However, that high moved into a swing area (see green numbered circles) between 0.93658 and 0.93822. The high reached 0.9373 and rotated back down. The last 5
The strong US dollar bid from earlier in New York trade has reversed. The dollar managed to run some stops against the yen and pound but as yields cooled, so has the currency. At the same time, some dip buying in US equities helped to turn the mood. The S&P 500 fell to 4474 but
Stoxx 600 +1.2% German DAX+1.3% UK FTSE 100 +1.4% French CAC +1.3% Italy MIB +2.0% Spain IBEX +1.5% On the week: German DAX +0.5% UK FTSE 100 +1.6% French CAC -2.1% Italy MIB -1.5% Spain IBEX +1.4% French stocks lagged as Le Pen pulls nearly even with Macron ahead of the first round of Presidential
> EU Von Der Leyen: Zelensky says more sanctions are needed EUR Speaking on Ukraine Zelensky says more sanctions are needed It was right to spend Russia from UN human rights Council Ukraine to fight is our fight, EU is by Ukraine’s side We are mobilizing our economy to make Putin pay a very heavy
China reported a seventh consecutive day of record covid cases at 24,101 with 21,222 of those in Shanghai as the outbreak continues to spread. Mass testing is continuing and there’s no end in sight to a lockdown that was supposed to end April 5. Traffic at the airport is largely grounded and the world’s largest
Inflation is back on the agenda next week with the market looking for a whopping 1.2% m/m increase in US prices due largely to commodity price jumps after the dawn on the Ukraine war. That will push the y/y rate to 8.5% and keep the bond market on eggshells. Monday: Bostic Bowman Waller Evans 3-year
Oil was walking the technical razor’s edge yesterday as it tested the March low. It held though and bounced. Another dip was bought today with some strength kicking in before settlement. That highlights some physical demand and how resilient the market is despite massive global releases from strategic reserves. It gained $1.30 in the final
The major US indices are closing mixed with the Dow industrial average higher, while the S&P, NASDAQ and Russell 2000 are all lower NASDAQ and S&P is down for the third time in four trading days S&P and NASDAQ have the first weekly loss in four weeks All three major indices close lower for the