Trading Strategies, Psychology

October: US Stimulus Noises and National Lockdowns
October 30, 2020

By Deepta Bolaky  @DeeptaGOMarkets Another Volatile Month for Markets The financial markets were rattled by another wild month driven by geopolitics and COVID-19 updates. As the month comes to an end, the rapid resurgence of the coronavirus cases...

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US Election 2020: Eyes on the US Senate
October 30, 2020

By Deepta Bolaky  @DeeptaGOMarkets The Political Event of the Year 2020 The most-awaited political event of the year 2020 is just around the corner: the US Presidential elections will take place next Tuesday on the 3rd of November. The US politic...

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COTD: XAUUSD- Is Gold Losing Its Shine?
October 29, 2020

XAUUSD - Hourly XAUUSD - The London session saw a much weaker performance from XAUUSD today, as it plunged around 2% on the open to print a low of $1869 on the day. Perhaps as the US general election approaches, coupled with stimulus talk and...

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Earnings to Watch This Week: Amazon, Microsoft, Apple, Facebook and Alphabet
October 27, 2020

By Deepta Bolaky  @DeeptaGOMarkets Investors are gearing up for one of the busiest weeks of the third-quarter earnings season. The immediate focus will be on the tech leaders: Amazon, Apple, Facebook and Alphabet as those companies were among th...

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COTD: AUDCHF – Bearish Channel Dictates Trend
October 27, 2020

AUDCHF - 4HR AUDCHF - When looking at the daily chart for AUDCHF, there certainly appears to be signs of a bearish breakout building up for the pair. It's more of a longer-term trend that looks set to grind the price lower during the upcoming...

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PayPal Taps into Crypto
October 22, 2020

By Deepta Bolaky  @DeeptaGOMarkets Buy, Hold and Sell Cryptocurrency  PayPal officially confirmed its entrance in the cryptocurrency market on Wednesday. The leading online payments company announced the launch of a new service enabling its cust...

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DXY – Can The Dollar Rise To The Occasion?
October 21, 2020

DXY - Daily DXY - The daily Ichimoku chart displayed mostly indecisive moves throughout August and printed a low of 91.74 last month. It seemed DXY essentially tip-toed sideways as the market attempted to factor in both the US election event ...

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COTD: EURAUD – Buy Signal To End Choppiness?
October 20, 2020

EURAUD - Point & Figure EURAUD - The EURAUD pair has bubbled along since June without providing a clear directional bias. The price, caught within a range, has looked static and uninteresting, but that could all be about to change as we s...

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US Corporate Earnings to Watch this Week
October 19, 2020

By Deepta Bolaky  @DeeptaGOMarkets Aside from politics and virus concerns, attention will be on the US corporate earnings season. After major US banks reported their third-quarter earnings results, investors will eye Netflix reports among many o...

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COTD: Crude Oil – Subtle Hints At Accumulation
October 16, 2020

USOIL - 4HR USOIL - Perhaps overshadowed by gold's recent performance in the commodities space, crude oil prices seem to be floundering as global markets remain uncertain of the future of fossil fuels. At first glance, the four-hour chart ...

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COTD: USDCHF – Selling Into The Dollar Rallies
October 14, 2020

USDCHF - Hourly USDCHF- With the US Dollar Index trending lower combined with generalised political tensions worldwide, USDCHF appears to be selling on rallies and attracting much of the risk-off flow. October has seen a steady decline for...

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COTD: EURJPY – Loss Of Momentum Weighs Heavy
October 13, 2020

EURJPY - 4HR EURJPY- Renewed selling interest in the EURJPY pair looks as if it may continue to lower levels during the upcoming sessions as the previous bullish technicals begin to waver. The four-hour chart above shows a validated bullis...

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ASX200 – Can A Bullish Pattern Aid The Rebound?
October 13, 2020

ASX200 - Point & Figure ASX200 -   Talk of a potentially aggressive stimulus package has helped boost the ASX200 as it looks to extend its recovery from the March lows. Using the point and figure method, we'll be looking to highli...

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COTD: EBAY – Optimism Fades Eyeing 46.80 Support
October 7, 2020

EBAY - Point & Figure EBAY - Last week, we included AMZN as one of our Charts of The Day, looking at how this conglomerate has performed from a technical perspective. Today, we are heading back to the NASDAQ to check out eBay's stock pric...

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COTD: CADJPY – Can Anything Prevent A Stronger Yen?
October 6, 2020

CADJPY - Weekly CADJPY -   An exciting pair to keep tabs on at the moment is CADJPY due to the barrage of fundamental drivers. Short-term higher oil prices boost the Canadian Dollar while Coronavirus concerns push for a stronger Japan...

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