Why stocks will fall tonight (AUDUSD Trade Analysis)
Uppdaterad
The markets have been taking a hammering but there has been some recovery today. Based on technical analysis, this will not last and it will fall tonight.
We are seeing a sell pattern in AUDUSD. This pair is correlating to the stock market and when it falls so does stocks. The last time we sold this resulted in a 300 pips run!
The same pattern is appearing on major stock indexes, so I am expecting a further drop based on my 2 analysis done on DJIA and S&P.
We are seeing a sell pattern in AUDUSD. This pair is correlating to the stock market and when it falls so does stocks. The last time we sold this resulted in a 300 pips run!
The same pattern is appearing on major stock indexes, so I am expecting a further drop based on my 2 analysis done on DJIA and S&P.
Trade stängt manuellt
This trade moved with such violence and netted 80+ pips in 30 minutes. However the trade came back up with the same power and took us out at breakeven. A very sad trade indeed.11/05/22 DEAL AUD/USD Mini converted at 1.379701825 SD SD0.97
Funds: SD10,174.10
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