"U.N. trade body predicts big coronavirus hit to foreign direct investment"
https://www.investing.com/news/economic-indicators/un-trade-body-predicts-big-coronavirus-hit-to-foreign-direct-investment-2104190
https://www.investing.com/news/economic-indicators/un-trade-body-predicts-big-coronavirus-hit-to-foreign-direct-investment-2104190
Investing.com
U.N. trade body predicts big coronavirus hit to foreign direct investment
U.N. trade body predicts big coronavirus hit to foreign direct investment
MARKET EXPECTATIONS...
🎯Gold (XAUUSD) is likely to buy and open with an upside gap following the COVID_19 fears.
🎯USD is also loosing it's strength with the growth of COVID_19 cases in the United States.
🎯JPY pairs will likely gain some more value due to price correlation. But we also know that these are very confusing times so we might not get the correlation as expected. The JPY Q4 should be out by midnight and its expected to be negative.
🎯 CAD caught us by surprise. We've been expecting a SELL for days now but the Canadian banks didn't play as expected with the interest rate cut so we all got caught in a sell trap. Nevertheless, with the expectation of a rate cut by most imvestors.
🎯 EUR has been strong generally. I expect a little retracement or pullback in its major pairs before a clear SELL.
🎯AUD flows with XAUUSD. So we might see a further fall in AUD and rise in XXXAUD the first few days of this week...
Overall wrap-up, I'm ready for this market. Hope you are too!!
🎯Gold (XAUUSD) is likely to buy and open with an upside gap following the COVID_19 fears.
🎯USD is also loosing it's strength with the growth of COVID_19 cases in the United States.
🎯JPY pairs will likely gain some more value due to price correlation. But we also know that these are very confusing times so we might not get the correlation as expected. The JPY Q4 should be out by midnight and its expected to be negative.
🎯 CAD caught us by surprise. We've been expecting a SELL for days now but the Canadian banks didn't play as expected with the interest rate cut so we all got caught in a sell trap. Nevertheless, with the expectation of a rate cut by most imvestors.
🎯 EUR has been strong generally. I expect a little retracement or pullback in its major pairs before a clear SELL.
🎯AUD flows with XAUUSD. So we might see a further fall in AUD and rise in XXXAUD the first few days of this week...
Overall wrap-up, I'm ready for this market. Hope you are too!!
POTENTIAL SIGNAL 📶: BUY XAUUSD
ENTRY: 1700.00
SL: 1680.20
TP 1: 1705.00 (50 PIPS)
TP 2: 1710.00 (100 PIPS)
ENTRY: 1700.00
SL: 1680.20
TP 1: 1705.00 (50 PIPS)
TP 2: 1710.00 (100 PIPS)
SIGNAL 📶: GBPUSD SELL
ENTRY: 1.3070
SL: 1.3150
TP 1: 1.3000 (70 PIPS)
TP 2: 1.2730 (140 PIPS)
TP 3: 1.2670 (210 PIPS)
▪️Follow Money Management
ENTRY: 1.3070
SL: 1.3150
TP 1: 1.3000 (70 PIPS)
TP 2: 1.2730 (140 PIPS)
TP 3: 1.2670 (210 PIPS)
▪️Follow Money Management
Market is not stable thats why I am watching to see what happens, might wait for 4h or daily candlestick closure before sending a quality signal.
We'll recover all our losses very soon 👍👍
We'll recover all our losses very soon 👍👍
U.S Dollar Analysis 🇺🇸
At present, the US dollar is primarily being driven by the markets expectation for further interest rate cuts by the federal reserve in response to the outbreak of the Coronavirus in the United States.
Over the weekend New York has declared a state of emergency over the rising toll of confirm cases within the city.
The U.S S&P500 stock market has fallen 12.34% over the past 12 days, as markets fear of the economic impact the outbreak could have on the U.S economy if Central authorities are forced to lockdown many US cities to contain the spread of the virus.
It's an important reminder that stock markets are where the pension wealth of a country is invested, so the central bank must do everything in their power to reduce the impact of the coronavirus on the stock markets depreciation, by lowering interest rates and increasing the money supply to try and create an environment where borrowing is cheap, so spending can increase and help push up market expectations for stronger corporate earnings and higher stock prices that will push up stock markets from the lows created of the past few weeks.
Markets are pricing a 100% probability that the FED will slash interest rates again this month !!
As Long as rates continue to slide lower, the U.S Dollar will weaken as dollars positive overnight carry will diminish!!
Key Data:
Forward Looking Economic indicators will be closely watched by the markets as they predict the direction of GDP growth over the next 12Months!
Key Data points to watch out for:
1. ) ISM Manufacturing & ISM Non Manufacturing data PMI
2. ) Consumer Confidence
3. ) Housing Permits
Possible Sentiment Shifts:
If the coronavirus outbreak can be contained and markets reduce their pricing for rate cuts by the FED, the U.S dollar will likely strengthen as a result.
Keeping an eye on the total number of worldwide cases and fatality deaths will be key to this sentiment shift.
At present, the US dollar is primarily being driven by the markets expectation for further interest rate cuts by the federal reserve in response to the outbreak of the Coronavirus in the United States.
Over the weekend New York has declared a state of emergency over the rising toll of confirm cases within the city.
The U.S S&P500 stock market has fallen 12.34% over the past 12 days, as markets fear of the economic impact the outbreak could have on the U.S economy if Central authorities are forced to lockdown many US cities to contain the spread of the virus.
It's an important reminder that stock markets are where the pension wealth of a country is invested, so the central bank must do everything in their power to reduce the impact of the coronavirus on the stock markets depreciation, by lowering interest rates and increasing the money supply to try and create an environment where borrowing is cheap, so spending can increase and help push up market expectations for stronger corporate earnings and higher stock prices that will push up stock markets from the lows created of the past few weeks.
Markets are pricing a 100% probability that the FED will slash interest rates again this month !!
As Long as rates continue to slide lower, the U.S Dollar will weaken as dollars positive overnight carry will diminish!!
Key Data:
Forward Looking Economic indicators will be closely watched by the markets as they predict the direction of GDP growth over the next 12Months!
Key Data points to watch out for:
1. ) ISM Manufacturing & ISM Non Manufacturing data PMI
2. ) Consumer Confidence
3. ) Housing Permits
Possible Sentiment Shifts:
If the coronavirus outbreak can be contained and markets reduce their pricing for rate cuts by the FED, the U.S dollar will likely strengthen as a result.
Keeping an eye on the total number of worldwide cases and fatality deaths will be key to this sentiment shift.
SIGNAL 📶: EURGBP SELL
ENTRY: 0.8716
SL: 0.8798 (78 PIPS)
TP 1: 0.8616 (100 PIPS)
TP 2: 0.8516 (200 PIPS)
TP 3: 0.8365 (350 PIPS)
ENTRY: 0.8716
SL: 0.8798 (78 PIPS)
TP 1: 0.8616 (100 PIPS)
TP 2: 0.8516 (200 PIPS)
TP 3: 0.8365 (350 PIPS)
Stein's Trading & Markets Ltd.
SIGNAL 📶: EURGBP SELL ENTRY: 0.8716 SL: 0.8798 (78 PIPS) TP 1: 0.8616 (100 PIPS) TP 2: 0.8516 (200 PIPS) TP 3: 0.8365 (350 PIPS)
Watch out for EURGBP. It's trying to create an "M" formation on the 1H chart. The right fall is what we're trading. So keep your eyes fixed to get a perfect sniper.. 🎯
Stein's Trading & Markets Ltd.
SIGNAL 📶: EURGBP SELL ENTRY: 0.8716 SL: 0.8798 (78 PIPS) TP 1: 0.8616 (100 PIPS) TP 2: 0.8516 (200 PIPS) TP 3: 0.8365 (350 PIPS)
Monday's hot here..
EURGBP running about 20+ PIPS ☑️☑️
Lock your profits and let this trail to the end of the week hopefully..
EURGBP running about 20+ PIPS ☑️☑️
Lock your profits and let this trail to the end of the week hopefully..
Everyone around me is selling GOLD. But I'm not into the sells. I'm into the buys. And I have my fingers crossed for the buys...
We're looking at more USD interest rate cut. So let's use a small lot size and have a buy now...
SIGNAL 📶: BUY XAUUSD
ENTRY: 1668.00
SL: 1648.00 (200 PIPS)
TP 1: 1688.00 (200 PIPS)
TP 2: 1718.00 (300 PIPS)
TP 3: 1738.00 (500 PIPS)
We're looking at more USD interest rate cut. So let's use a small lot size and have a buy now...
SIGNAL 📶: BUY XAUUSD
ENTRY: 1668.00
SL: 1648.00 (200 PIPS)
TP 1: 1688.00 (200 PIPS)
TP 2: 1718.00 (300 PIPS)
TP 3: 1738.00 (500 PIPS)
Stein's Trading & Markets Ltd.
Everyone around me is selling GOLD. But I'm not into the sells. I'm into the buys. And I have my fingers crossed for the buys... We're looking at more USD interest rate cut. So let's use a small lot size and have a buy now... SIGNAL 📶: BUY XAUUSD ENTRY:…
Running 100+ PIPS ☑️☑️☑️ on XAUUSD already. My bias is paying off. Let's lock 2% of this trade in profit. And keep out fingers crossed...
🤑🤑🤑🤑
🤑🤑🤑🤑
Stein's Trading & Markets Ltd.
SIGNAL 📶: EURGBP SELL ENTRY: 0.8716 SL: 0.8798 (78 PIPS) TP 1: 0.8616 (100 PIPS) TP 2: 0.8516 (200 PIPS) TP 3: 0.8365 (350 PIPS)
EURGBP has played perfectly well for scalping.. we've been getting back to entry and I like that we're able to catch it each time it falls...
🤑🤑🤑🤑
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