In this video I breakdown some headlines to look out for that should move the oil market one way or the other. I also run through the USD situation right now and explain how that could create moves in the oil market. Then I run through the chart to show you what I'm looking for to enter a trade.
A US airstrike at the Bagdad airport killed Iranian General Qassem Soleimani’s. Not only this is going to increase geopolitical instability in the region but it also questions the legality of the President's decision as he acted without Congressional approval! US-Iran relations are taking a sour turn early in the year following an “extremely dangerous” attack...
In today's #marketinsights video recording I analyse DXY and SXP! Equities look bullish and the US index bearish, from a technical perspective. On the (geo)-political front their prices are and could remain being affected by: - A somewhat dovish?! Fed - BoE and Brexit (BoJo visits EU today for talks!) - SA attack and expectations on reduced oil production -...
Mr Trump has strongly disapproved of Bitcoin. The markets couldn't care less. People are holding on to their Bitcoin in a zone of consolidation on the daily time frame. The consolidation pattern is safe down to around 9500. Bitcoin reached 10 times the recent high price of gold at one stage. I look at possibilities positive and negative for the future. For a...
If you believe big media news headlines you'd be thinking that GBP is on some mega path of recovery. It ain't. The evidence is that GBP is in serious trouble as seen by most of the big daily trends. Unless something miraculous happens big trends like these especially GBPUSD create further probabilities for the south. But on the geopolitical-economic circuit,...