Samuel_Morton_Trader

Samuel_Morton_Trader

Most economies are facing stagflation—Japan, the US, and Europe, to name a few. Stagflation is high inflation with low to no GDP growth. However, Australia and New Zealand currently have steady inflation and GDP growth within reasonable targets. My bias has changed to buying the AUD and NZD. Thoughts? OANDA:AUDUSD OANDA:AUDJPY OANDA:AUDCHF ...

Samuel_Morton_Trader

Tesla was dropping! I got in at around 220. However, within three weeks, I sold for a small profit. BUT, why did I sell? This is why I'm not holding NASDAQ:TSLA It's time to buy! From a technical and historical point of view, buying Tesla right now makes perfect sense. The stock has a history of making significant price gains, is currently oversold, and...

Samuel_Morton_Trader

SNR is coming off a range support. Price has been ranging since 2021 and has formed a horizontal channel between 115 and 185. I expect price to make a move to the range resistance area and possibly break higher. From a fundamental point of view: ✔ Revenue has increased year-on-year ✔ Gross and net profit margins are steady ✔ The company has sufficient cash...

Samuel_Morton_Trader

The dollar is declining as US uncertainty continues and cash moves out of the US. I personally think the dollar will bounce, but how far could it fall in the meantime... Price is testing the previous monthly horizontal resistance as support and the monthly 100 SMA. The dollar may find a bottom here. From 98 to 100 on TVC:DXY Price may reach the monthly...

Samuel_Morton_Trader

I don't believe the market has bottomed yet. There is more to come. Trump's tariffs will continue to cause uncertainty and as economic figures confirm a US slowdown, stock markets could fall further. From a technical perspective, I will be looking to buy between 4700 and 5200. This is based on evident weekly horizontal levels, bullish channel support, and 100...

Samuel_Morton_Trader

March has been a fantastic trading month for me so far. I'm out of drawdown and showing a half-decent profit. This week, there is a lot happening, including interest rate decisions from the Bank of Japan, Fed, Swiss National Bank, and Bank of England. At the moment, I'm thinking about the dollar with two minds. Based on current positive economic data and the...

Samuel_Morton_Trader

The US stock markets are down. I don't think they've bottomed out - there could be further downside to come - but this could be a fantastic opportunity for longer-term traders and investors. Buying the dip is often profitable for buy-and-hold investors. As a trader, I'm still actively looking for index shorting opportunities.

Samuel_Morton_Trader

I've been long the JPY since the beginning of 2025. I recently closed an incredible OANDA:NZDJPY short position, which was very rewarding. Currently, I'm short CADJPY, CHFJPY, EURJPY, and GBPJPY. My bullish bias for the yen continues. The yen index recently closed above a key horizontal level, signalling that there could be more upside.

Samuel_Morton_Trader

If you've been following my content, you'll know I've been long the yen since the start of 2025. My short AUDJPY, CADJPY, EURJPY, NOKJPY, and NZDJPY positions are starting to pay off! The yen index ( TVC:JXY ) recently closed above a key horizontal resistance at 66.00. This may signal the JPY may continue to strengthen and test the weekly range resistance at...

Samuel_Morton_Trader

With US inflation rising, the US economy performing well, and rates higher for longer (well, I wouldn't be surprised to see the Fed hike rates by the end of 2025), the USD continues to be an obvious buy. The TVC:DXY is currently testing key horizontal support (previously resistance) and is nearing the weekly moving averages. This could be the time to buy the...

Samuel_Morton_Trader

CADNOK has been consolidating since mid-2023. Price action has formed a clear symmetrical triangle on the weekly chart. The breakout is imminent. With the CAD's future looking gloomy, the price may finally have the momentum it needs to break the consolidation. From a technical perspective, the price is coming off daily and 4-hourly moving averages.

Samuel_Morton_Trader

I was hoping for more... The CAD fundamentals are very poor, and inflation is currently under control, so the Bank of Canada may continue to cut rates. I'm not keen on buying the EUR. However, this trade is based on CAD weakness and strong EURCAD price action, more than a stronger euro. But, hey, Euro Area inflation is climbing and above target, so the ECB's...

Samuel_Morton_Trader

I've been short CADNOK since 7.9394 (the weekly symmetrical triangle resistance area). The trade was taken based on a weaker CAD. The NOK was irrelevant. At the time, I also went long EURCAD and short CADJPY and CADSEK. The fundamental bias to sell the Canadian dollar is now even more substantial. However, I'm not planning to enter a second short. Instead, I'm...

Samuel_Morton_Trader

Black Wednesday, 16 September 1992 Black Wednesday, or the 1992 sterling crisis, was a financial crisis that occurred when the UK Government was forced to withdraw sterling from the European Exchange Rate Mechanism. This is when George Soros famously shorted the pound and made a 1 billion dollar profit. Dot-com Bubble, 2000 The dot-com boom peaked on 10...

Samuel_Morton_Trader

Overview Most Yen pairs are at or nearing key resistance on daily, weekly, and monthly time-frames. The Details The Yen continues to weaken against global currencies due to negative interest rates set by the Bank of Japan (BOJ) and higher interest rates from the RBA, RBNZ, ECB, BOE, SNB, FED, etc. The BOJ are edging closer to changing rates to zero or...

Samuel_Morton_Trader

Overview I'm calling 2024 the end of Lira selling. The Details 2024 could see Turkish inflation peak🗻 The main driving force of the TRY selling has been unconventional monetary policy, erratic changes of the head of Turkey's central bank and finance ministers, and undisciplined high inflation A rate hiking cycle has been in play since May 2023 - rates...

Samuel_Morton_Trader

Overview CADJPY is showing signs of upside momentum weakening. Price may attempt a bearish move to the weekly range support around 95.00. The Details Fundamental Analysis The Bank of Canada (BOC) may be one of the first central banks (apart from the ECB) to cut interest rates. On the other hand, the Bank of Japan (BOJ) will likely start hiking rates in 2024....

Samuel_Morton_Trader

Summary The European Central Bank (ECB) will likely cut rates before The Bank of England (BOE), meaning potential downside on EURGBP. The Details European interest rate hikes have been successful - Euro Area inflation is around 2%. Mission accomplished. Easing rates is the next step after holding the current rate for a while. Cutting rates will weaken the...