One Of The Most Volatile Trading Weeks In Recent Times, Unfolds.

By Kenneth@Xtrade - on July 15, 2019

For most traders and investors this week is likely going to go down as one of the most volatile trading weeks in recent times. The Fact is during the summer break the number of traders per capita drops, as parents vacation with family and friends. Naturally, this may have extreme effects times on certain assets. Trading Volumes may dwindle on some while others gain more attention. Knee jerks, flight to safety, and hedging are all part of the expected reactions to the foray of market fundamental.

Reflecting of Friday’s post, it is highly plausible to observe assets which took on some gains on Friday profit taking with a touch of earning reports, shed those gains for a close look lets dive.

Global Stocks:

Like always there are those who dismiss every piece of data as unwarranted. Then there are those, who assess the data and apply the applicable while rubbishing the rubbish. In a nutshell, the global stocks are and not always dancing to our tune. It is in these time frames that it best to consider the underlying drivers.   

  • USA30: Has been enjoying and period of profound attention. Topping recent highs. Cursing the 27k threshold. Reported trading between 27,263.5 -27,397.0 Up 0.17% at 27,354.5   Our technical analysis reveals that upside trending could reach 27.577.00 while the support is contained around 27.291.00.
  • Germany 30: The technical thresholds for this asset was recorded with highs at 12.460.00 and lows at 12.295.00. By the time of print 10:45 GMT the DAX 30 was up trending 0.39% paving a range between 12,282.2 -12,424.8 at 12,354.3
  • UK100: Seen trading up 0.07% with further upside in view. Between 7,420.0 -7,465.0 standing at 7,443.0.  Our Technical analysis supports the days’ outlook proposing the highs at 7.480.00 and low at 7.428.00
  • Italy 40: Was seen up 0.13% at 22,152.50 swinging, between 22,052.00 -22,262.50 and likely to be lingering around this threshold for prolonged intervals.

Commodities:

Were observed in hawkish gentle flight.

  • Oil: The Baker Hughes Rig Count was dropped by 4 from 788 to 784 supporting prices upwards amid Storm Barry and ongoing friction between Iran and the UK. On Friday WTI prices rose beyond the $60.00bbl. However, with future demand outlook questioned prices were seen knee-jerking between 59.85 – 60.91

Gold: The Market is tensed looking for ways out of the debacle. Gold welcomes all to its safe haven sanctuary. Seen contained between 1,411.35 – 1,421.55.

FX Market: The USD was depressed trading between 96.75 – 97.06 with occasional uptrends.

  • USD/JPY: The greenback was seen attempting to extend gains vs. the Yen up 0.01% trading between 107.80 – 108.11
  • EUR/USD: The EUR was up 0.03% by 10:55GMT trading between 1.1261 – 1.1284 at 1.1273. in case the NY Empire State Manufacturing beats market expectations of further upside will be recorded.

as per our technical analysis, the resistance levels could be at 1.1290 while the support levels may rest at 1.1250  

  • GBP/USD: The pair were spotted uptrend 0.11% in the early EU trading session. oscillating between 1.2552-1.2580. Although many may have anticipated further upside. They could be further pullbacks.

The Cryptocurrencies.

It likely to be a very volatile week, The BTC/USD pair slide back to the 10k. Following comments by President Trump and others. Trading was noted between   9,880.0 – 10,700.0. Now am tempted to say, “any major dip in the crypto arena, could be a good entry.

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No son nada confiables ya que las personas que no tienen conocimientos del trade los dejan a su suerte,y pierden lo que invirtio, después de que prometen que un asesor los va a auxiliar para hacer trade, puras mentiras

by Armando Cuevas at 2019-07-15 17:10:49

Hola, gracias Armando,Sin embargo, la sección de comentarios está destinada a ser utilizada para comentar sobre cómo utiliza los artículos para aumentar su negociación. Por favor, no difundir información falsa aquí sin prueba.Alrededor de 46,000 personas leen y usan el blog todos los días y logran mantener un ROI positivo. Por favor, solicite hablar con su Gerente de Cuenta. Entrenar a las personas para que sean competentes en el comercio no es barato. Si no tiene los fondos o simplemente colocó un mínimo de $ 100 - $ 500. No puede esperar que un administrador de cuentas le dedique horas a enseñarle cómo conectarse a Internet. Por favor seamos objetivos y realistas.Además de eso, puede visitar nuestro centro educativo y las páginas de blogs para aprender y obtener algunas de las ideas necesarias para que sus interacciones con su administrador de cuentas sean productivas.El Departamento de Análisis y Academia, ofrece seminarios web y materiales educativos para clientes elegibles. Debe tener un tipo de cuenta adecuado con los fondos de prescripción.Deseándole, éxito y excelente experiencia comercial. Recuerda nunca, calumnia y llama a los nombres de las personas sin una prueba o comprensión total. El comercio podría ser gratificante. Sin embargo, también conlleva riesgos. Atentamente.Hi, Armando thank you for your message. However, the comments section is meant for use to comment on how you use the articles to augment your trading. please do not spread false information here without proof.About 46,000 people read and use the blog every day and manage to keep a positive ROI. Kindly ask to speak with your Account Manager. Training people to become proficient in Trading is not cheap. If you do not have the funds or just placed a minimum of $100 -$500. you can't expect any account manager to spend hours teaching you how to connect to the internet. Please let's be objective and realistic.Slandering the good name of the company just because you did not understand something is wrong and you should avoid such practices or it could end you up with a lawsuit.Besides that, you can visit our educational center and blog pages to learn and get some basic insights so that your interactions with your account manager are productive.The Department of Analysis and Academy, Offers Webinar, and Educational materials for eligible clients. You need to have a suitable account type with the prescribe funds.Wishing you success and awesome trading experience.Best regards

by Kenneth@Xtrade at 2019-07-16 10:22:02

How i can make a lot of money from XTrade ... have free wallet ?

by Wijittra Phakawan at 2019-07-19 14:57:34

Hi Wijittra, Thank you for the question. Xtrade is a platform which could help propel your strategies and trading endeavors into rewarding exercise.However, without proactively, seeking to increase your knowledge to be able to identify opportunities while staying clear of danger. could be detrimental.Fee Wallet? I assume you are referring to a free Demo account or practice account. If so then yes. Xtrade does provide seriously and committed traders with funding to their demo or practice account. These are per Terms and conditions at the discretion of the company.Call our support department or your account a manager for assistance.However, you may use the invaluable resources on our education center to get a better understanding.Best regards

by Kenneth@Xtrade at 2019-07-22 10:44:31