"Coronavirus deaths hit 56; China bans wildlife trade"

https://www.investing.com/news/world-news/more-than-2000-now-infected-with-coronavirus-56-dead-in-china-2067831

We had this trade for AUDCAD last week. Played out well up to 110+ PIPS 🤑 before the retracement came in. I'm still looking at a buy for this Currency Pair but to wait to see the 4 hour closure when the market comes back online.

🎯On a weekly and daily chart, we see that price is at its lowest points. There has been a consolidation and lack of impulse momentum for about 2 weeks now. This has kept price between the 0.8940 and 0.9100 area. A possible break is eminent we just to wait patiently for now.

Stein's Forex.
Stein's Forex is a trading service focused at providing free;
Mentoring,
Market Analysis,
Tutoring services and
High Impact News Update.
https://t.me/steinforex

Hello traders ✍️

Hope we enjoyed the weekend. I'm getting prepped for this week and we have some awesome set-ups aligning but we may have to wait for the 4 hour closure on most of these setups in order to properly confirm our signals.

THIS MAY BE THE MOST IMPORTANT WEEK IN JANUARY AND ALSO THIS YEAR. With so much on the price action. Therefore, I'll advice all of us to please remain online so that we could grab some nice pips.

Turn on my notifications and wait patiently 💰

Evening Traders 🌙

For anyone that's been living under a rock and has not heard about the Corona Virus. This has already killed 56 people in China and has now spread to the US and Canada it was also confirmed in Europe for the first time on Friday as it spreads despite Chinese attempts to quarantine the city at the heart.
It's been reported by scientific analyses of the epidemic that each person infected with the virus is passing on the disease to on average two or three people.
This is not going to be something that is going to die down any time soon. Infact I see this getting a lot worse before it gets better.
Let's keep an eye on JPY, Gold & Oil on market open. This could be one crazy week.

Below is a timeline I found of how the virus has spread. Worth a read.

https://futurism.com/neoscope/timeline-china-viral-outbreak-spread-worldwide

The reason as to why GOLD is flying and JPY is gaining immense strenght is because of the potential virus (coronavirus) that is going around in the world. Beginning in China and now making its way into more 'developed' parts of the world, such as Canada, US, France and even Austria. Such instances make investors nervous and stirs alot of uncertainty in the world. So to protect their capital, they begin to invest in huge safe havens. Thus GOLD beings to rise, and JPY gains power.

TP 2 HITS for both EURAUD trades. 160+ PIPS in total 🤑🤑

Good work traders 💰

Morning Traders ☀️

Hope everyone had a great weekend!

Let’s hope for an insane week of trading!

🗞 Major news release date/times for the following week

Times shown in GMT

SIGNAL 📶: SELL LIMIT USDCAD

ENTRY: 1.3210

SL: 1.3250 (40 PIPS)

TP 1: 1.3170 (40 PIPS)

TP 2: 1.3120 (90 PIPS)

TP 3: 1.3040 (170 PIPS)

RISK REWARD RATIO = 1 : 4.25

SIGNAL 📶: BUY LIMIT CADJPY

ENTRY: 82.52

SL: 83.31 (21 PIPS)

TP 1: 82.82 (30 PIPS)

TP 2: 83.02 (50 PIPS)

TP 3: 83.64 (112 PIPS)

Enter manually

This was activated 🎯
Running 20+ PIPS 🤑 🤑

📉Not the most active of days most pairs chopping back and forth or moving sideways 😴

Reason why I've been just watching the market for now. Let's be patient please. 💰

"Commodities Week Ahead: Oil On The Ropes; Gold Eyes $1,600"

http://www.investing.com/analysis/commodities-week-ahead-oil-on-the-ropes-gold-eyes-1600-200501668

SIGNAL 📶: SELL EURAUD

ENTRY: 1.6290

SL: 1.6330 (40 PIPS)

TP 1: 1.6274 (20 PIPS)

TP 2: 1.6244 (50 PIPS)

TP 3: 1.6188 (102 PIPS)

RISK REWARD RATIO = 1 : 2.55

SIGNAL 📶: SELL GBPAUD

ENTRY: 1.9325

SL: 1.9395

TP 1: 1.9285 (40 PIPS)

TP 2: 1.9225 (100 PIPS)

TP 3: 1.9145 (180 PIPS)

TP 4: 1.9065 (260 PIPS)

TP 5: 1.8985 (340 PIPS)

Price should max out around the 1.6310s area since that has been a very strong resistance level for weeks now..

Let's just hope it does 💰

Market Wrap 📉

“Today’s main market moves”.

Japanese Yen / Swiss Franc 🇯🇵🇨🇭

The Safe Haven Yen & CHF Remain in high demand today as global stock markets and commodity prices continue to fall over concerns about the spread of the virus across China.

Important note to take, that the Yen and Swiss Franc are only strengthening due to the risk off tone in markets. Should the virus be contained, sharp reversals would be expected and present some great buying opportunities.

AUD & NZD Analysis 🇦🇺 🇳🇿

The Antipodean Dollars remain under pressure as the China virus concerns hangs over the two economies. Australia and New Zealand’s dependance on export sales to China means any economic slowdown in China will hit both economies hard. Hence the selling pressure seen against both currencies in today’s markets.

NOK & CAD 🇨🇦 🇳🇴

Both commodity currencies remain under pressure as Oil markets continue to slide on Demand concerns, as China’s economy may take a hit due to many cities being under such down to contain the virus.

With China being the worlds biggest Oil importer, markets are pricing in the concern of Oil demand falling, effecting the value of the Canadian and Norwegian Kroner.

SIGNAL 📶: BUY EURJPY

ENTRY: 120.04

SL: 119.70 (30 PIPS)

TP 1: 120.44 (40 PIPS)

TP 2: 120.84 (80 PIPS)

Still around our SL point.

I'm holding patiently. 💰💰