Markets had an unsettled week which saw little overall change in the value of most assets, with little going on except some CPI releases in the UK, Australia, and New Zealand-
in Forex / CFD trading is highly likely to depend mostly upon, and not on the exact methods you might use to determine trade entries and exits.
So, when starting the week, it is a good idea to look at the big picture of what is developing in the market as a whole, and how such developments and affected byThere are several valid long-term trends in the market right now, which might be exploited profitably. Read on to get my weekly analysis below.April that the best trade opportunities for the week were likely to be:This did not set up.
Long of the EUR/USD currency pair following a bullish reversal on the H4 time frame. This would have produced about 60 pips of profit .following a bullish rejection of $1950, or $1917.Long of Silver following a bullish reversal on the H4 time frame. This produced a loss of 1.18%.News about global financial markets is currently a bit thin, with not much going on.
Flash Services & Manufacturing PMI for USA, Germany, France, and UK – services data beat expectations while manufacturing data mostly underperformed.UK Claiming Count Change – this came in worse than expected.
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