All posts by Marvin Perry
Risk Assets Remain Bouyant Into Week’s Close
Financial markets are closing this week in a festive and buoyant manner as two of the most pressing geo-political issues that have weighed on assets over the past two years appear to be closer to a hopeful outcome and settlement. For today’s trading session, we saw a positive handover of yesterday’s risk sentiment, and […]
Continue readingVideo: How To Sell EUR/USD – Technical Tuesday
If you looked at last week’s “Technical Tuesday” Session (October 1, 2019), we gave you two(2) good trade setups that played out nicely in both the EUR/USD and USD/JPY. Well, this week is no different. In today’s session, we disclosed an opportunity to short the EUR/USD and an opportunity to buy the USD/JPY. These […]
Continue readingUneasy Capital Markets For This Week’s Open
Global Capital Markets were unsettled during the early part of the trading session and ahead of the US Opening Bell, as investors remained reluctant to place any aggressive bets on risk assets, while ongoing concerns over Brexit and the US-China Trade War remain front & center for this week of trading. Many analysts are […]
Continue readingHow To Trade EUR/USD Correction – Technical Tuesday
I hope you’re approaching the market with much patience and discipline, executing high probability trades that work towards increasing your trading account. As I mentioned on last week, October is historically recognized as the best month for day trading financial markets like spot Fx or currencies. Since today marks the 1st trading day of this new month […]
Continue readingFundamental Outlook For Week of September 30, 2019
The Dollar has fared well among currencies, after a week of relatively quiet, and yet bumpy market behavior, as on-going political uncertainty continues to weigh on risk-oriented assets and entice investors to prefer the safe haven buck. The start of the 2019 fourth quarter, which technically begins on Tuesday, will have a calendar week that […]
Continue readingWhere Is EUR/USD Headed? – Technical Tuesday
I hope you’re having a wonderful start to your trading week by being a disciplined trader. September and October are historically recognized as the best months for trading the financial markets, spot currencies and the FX market. We just ended the “summer doldrums”, which is the trading season when most traders encounter significant draw-downs or major […]
Continue readingPre-FOMC Market Behavior and Analysis – September 18, 2019 (Video)
For today’s trading session, market participants were reluctant to place any aggressive bets in dollar-based or dollar-denominated assets ahead of today’s FOMC Monetary Policy Report & corresponding press conference. Despite the release of a few market driving indicators prior to the US Opening Bell, there was still little follow-through in most “majors” as investors […]
Continue readingOil-based Currencies Rally on Middle East Geo-political Conflict
All roads are pointing to safety for most risk-oriented assets following a weekend of geo-political developments in the Middle East, and trade war concerns that boosted demand for safe haven currencies, like the Japanese Yen, the US Dollar, and Swiss Franc. Investors are still uncertain about the market’s reaction and the political outcome of […]
Continue readingNZD/USD Gapped Lower On Geo-Political Risks
There may be a potential sell opportunity forming on the NZD/USD. The kiwi versus the buck (NZD/USD) gapped lower at the start of this week’s trading due to a combination of geo-political risks over the weekend. Weekend events initiated risk averse price action at the weekly open, as investors remain uncertain about the extent of […]
Continue readingGBP/NZD Approaches Supply Zone Ahead of Further Weakness
There may be a potential sell opportunity forming on the GBP/NZD. The pound versus kiwi (GBP/NZD) has been trapped in consolidation for some weeks as shifting headlines concerning Brexit, and the US-China Trade War continue to prolong a mood of uncertainty among investors. But the pair is poised to approach fresh supply at 1.9330/9411, which […]
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