ShadowTrader FX Hour 05.28.19 – Head and Shoulders on Equities

In today’s FX Hour, we the potential Brexit deal by the end of this week. We discussed the hopes of a Brexit deal and the expectation if a deal is not reached in the next two weeks. We discussed a limited upside […]

In today’s FX Hour, we discussed Fed Chairman Jerome Powell’s comments. We discussed the Fed Chair’s comments that “The Fed will use rate cuts, forward guidance, and QE as appropriate,” We discussed how this would normally weaken the U.S. dollar and cause […]

In today’s FX Hour, we early or economic leading indicators. We looked at historical contractions in ISM PMI, Chicago PMI and factory orders as a leading indicator of market correction and overall indication of economic slowdown. We also looked at commodities and […]

In today’s FX Hour, we discussed the equity market pullback and the bounce in bonds. We discussed our targeted moves in equities and discussed the potential record high target for bonds. We discussed the Brexit, interest rates and an oversold New Zealand […]