October 2019

It would certainly be no surprise of MP’s manage to find a way to funk up the Brexit process now that people are becoming more positive about getting it finally done. Many of us were expecting to see something like this such as insisting on a delay and then end up cancelling the Brexit later […]

Recently there has been a positive shift in the mindset of the British people and in the market regarding Brexit. It seems like things are going to move along and possibly enable Brexit to actually happen. Meanwhile, expect that anything could happen in politics especially to end of delaying and/or cancelling the whole Brexit idea.

Although the U.S. Dollar goes into corrective consolidation cycles often during times such as these, of uncertainty, the entries are often clear with some patience and chart reading skill. Not that this article shows that but still interesting. Read more here https://www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/daily_fundamentals/2019/10/09/us-dollar-price-action-setups-eur-usd-gbp-usd-aud-usd-usd-cad-js53-usd-price.html

Those of us who trade gold daily has learned to notice that the market responds to a never-ending cycle of “risk-on” and “risk-off”. A sharp decline of Yen pairs with the Yen as the second currency such as the EUR JPY shows risk-off sentiment news must have hit the media for the time being. A

There is no question I see a top forming for the U.S. dollar but today it is still going. The key to seeing the final end will be shown today in our live trading session. On another note trading, the Aussie rate cut worked like clockwork according to plan as the market formed a reversal