12/2/2021 US equities fell 5% from the highs after fears of a new coronavirus variant emerged and the first case was recorded in the US. SPX500 is up .10% on the day at the time of writing this. Our outlook The new omicron variant is definitely concerning most investors right now as the US will […]
Check out my previous G/U deep dive from early October here to see how we have progressed... Technical Outlook: Price has mainly been travelling in channels throughout the past year. As we saw the ascending channel formed post-Covid last year, price began retesting all previous key horizontal levels. Over the past couple of months, price has […]
Let's look at the news event's we've got lining up this week... (USD) FOMC Member Speeches Many Fed policymakers are scheduled to give testimonies throughout the week to hint at any possible upcoming monetary policy changes which could move the USD around. The Fed Chair Powell is set to speak in webinars in front of […]
Hey everyone! Welcome to this week's forex forecast for the week ending December 3rd, 2021. I'm TraderBart with A1 Trading, and this week I'll be looking at EURUSD, GBPUSD, GBPNZD & EURAUD. EUR/USD Price has fallen below the key horizontal level 1.14 which was seen as clear resistance many times in the past, and it […]
Check out my previous Gold deep dive from early October here to see how we have progressed... Technical Outlook: There is an overall bullish flag pattern trend on Gold, as we saw an impulsive move from 1450 to 2075 between March and August 2020. Ever since hitting the all-time high (ATH), price has fallen into a […]
