Andy’s Technical Take Week of December 9th 2019.

2019-12-13T07:49:18+08:00

Global financial markets had a volatile week at the beginning of December. Risk appetite declined in the first half of the past trading week amid geopolitical concerns, forcing major stock indices to retreat from all-time highs. The U.S. Dollar was sliding versus majors as well.

Andy’s Technical Take Week of December 9th 2019.2019-12-13T07:49:18+08:00

Andy’s Technical Take Week of December 2nd 2019

2019-12-04T12:38:23+08:00

The U.S. dollar was flat versus major currencies in the foreign exchange this past week as the Thanksgiving Day holiday had traders in quiet mode. The 10-year Treasury yields finished the trading week almost unchanged, while major stock indices set another all-time high in low-volume trading.

Andy’s Technical Take Week of December 2nd 20192019-12-04T12:38:23+08:00

Go with Your Gut- Should You Make Trading Decisions Based On Instinct?

2020-06-29T13:37:31+08:00

You’ve all heard of the saying “Just go with what your gut says.” Or “Don’t overthink the situation.” There’s been numerous times in history where overthinking a decision ends up leading to a poor result or missed opportunity.

Go with Your Gut- Should You Make Trading Decisions Based On Instinct?2020-06-29T13:37:31+08:00

Andy’s Technical Take Week of November 11th 2019

2019-11-14T04:27:56+08:00

The U.S. dollar gained strength versus all major currencies this past week. As far as the distribution of the greenback’s demand, it was smooth among its peers. I decided to have a closer look at the U.S. dollar index to identify medium- and short-term technical sentiment as many traders are trying to gain a grasp on this.

Andy’s Technical Take Week of November 11th 20192019-11-14T04:27:56+08:00

Andy’s Technical Take Week of October 28 2019.

2019-11-01T02:31:57+08:00

The FX market was drifting this past week as major currency pairs were stuck in tight ranges. However, interesting events happened in other asset classes in the financial markets. U.S. equities have reached all-time highs again, getting background for the historical breakout.

Andy’s Technical Take Week of October 28 2019.2019-11-01T02:31:57+08:00

Andy’s Technical Take Week of October 21st 2019

2019-10-22T06:53:34+08:00

The greenback dropped versus most of its peers last week. The U.S. dollar index – which measures the greenback’s strength versus the volume-weighted basket of six major currencies declined -1.21% to a 10-week low, charting the largest weekly loss since mid-June this year.

Andy’s Technical Take Week of October 21st 20192019-10-22T06:53:34+08:00

Andy’s Technical Take Week of October 14th 2019

2019-10-17T03:26:33+08:00

The past trading week brought many surprises and sudden rallies in the Forex market. The British Pound charted the best weekly candlestick in 14 months amid Brexit optimism, U.S. stock indices recovered mid-week losses on the back of trade talks with China, and Oil prices soared after a missile attack on Iranian tanker in the Middle East.

Andy’s Technical Take Week of October 14th 20192019-10-17T03:26:33+08:00

Andy’s Technical Take Week of October 7th 2019

2019-10-09T08:50:54+08:00

Global financial markets are entering into a decisive period. Last week’s macroeconomic data came along with a negative surprise for U.S. equity investors as ISM Manufacturing and Service PMI reports declined, NFP failed to meet the market’s expectations and average hourly earnings dropped.

Andy’s Technical Take Week of October 7th 20192019-10-09T08:50:54+08:00
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