Interview with Boris Schlossberg
Boris Schlossberg is one of the most familiar faces in forex, in part thanks to his regular appearances on CNBC and at major industry events.
Market Update – May 11
Since reaching the long term parallel (magenta line) on 4/13, gold has traded sideways. Price rolled over last week from short term trendline resistance so be aware of the lower boundary near 1683. A break below there would leave price action since 4/13 as a consolidation top. Immediate downside focus would then be the 3/31 low at 1576.
US Nonfarm Payrolls: Record 20.5 Million Jobs Lost in April
The devastating effect of Covid-19 on the US economy became clearer on Friday with the release of the highly anticipated US employment report.
Market Update – May 8
WTI traded into the 2016 low today and reversed lower. My working assumption is that crude is building a bullish base. 18.20-19.20 is the zone to watch for the next low. This zone is defined by support and resistance since late March.
Short Term Floor in Place for EURUSD?
Scand.Ex is pleased to present the next video with trading analysis by Jamie Saettele – Short Term Floor in Place for EURUSD?
Scandinavian Capital Markets launches Scand.Ex – Traders Portal for Professional Traders
Scand.Ex (Scandinavian Exchange) – interactive portal empowered by Scandinavian Capital Markets and made by professional traders for traders. It is a place for traders to exchange quality news, valuable knowledge and real experience. Empowered by trusted professionals. Scandinavian Capital Markets marked the launch of its flagship Trader’s Portal, Scand.Ex – an interactive online learning site…
Scandinavian Capital Markets: Jamie Saettele assumes the role of Chief Technical Strategist
Jamie will provide market analysis for Scandinavian Capital Markets as well as developing Scand.Ex, a traders’ interactive portal powered by Scandinavian Capital Markets.
Market Update – May 7
BoE is tomorrow and it looks like the bounce to 1.2484 is the extent of the corrective bounce in wave 2 of C. Proposed resistance is now 1.2405/20, which is a well-defined horizontal level and the neckline of a short term head and shoulders.
Market Update – May 6
USDJPY is nearing the center line of the channel from the 4/6 high. When a market is nearing the center line, I’m always on the lookout for acceleration in the trend…in this case that’s lower. Focus remains towards the lower channel and 61.8% retrace of the rally from the March low at 105.19.