Queso
A senior currency trader gives his technical analysis on various currency pairs and gold, with Sterling struggling and Euro possibly facing a leg down. Aussie and New Zealand dollar are showing a break in trend. Markets are volatile and unpredictable.
write 2100 words and add headings article based on this youtube script use 20 words in a sentence in maximum 25% of sentencesYou welcome to trading views with the senior currency trader Steve Woodcock age they see photos that thank you okay let’s have a look at other people’s homework on the technical analysis and currency trading front here we’ve got two pound yen with the Alexander nicking the kitten or niketan what are we looking at
Here well obviously the drop off from the sort of 145 146 area it was generally sterling but obviously that one 1860 in Dalian as has proved a little bit too much for dolly and so we’ve got actually two currencies at the moment that are you know sol en la la KO
La la which is which point in if this were a lot further down by c125 on the cards for this loving Sterling’s heavy very heavy at the moment but it had the chance it’s needed to get bub 152 really maybe get a few stops going and stuff
Like that but it couldn’t do it and I mean that chart really looks to me like it goes lower I’m not too sure because I feel what those indicators on their mean to be quite like a butterfly type of things that I suppose anything with the place going on yeah Alexander’s looking
For Lucy to go up to 141 and go down from the overseer 141 insert be quietly 140 bunny sterling in from the area’s could be in five minutes so but i’ll be quite as i just think that trade Lola it’s Sterling’s baby at the moment against everything and that last rally
We saw someone 2435 is going to keep you know I’m sterling on the downside and and match that chart at the month doesn’t look good to me actually let’s go on to the next selection which is gold by chart watchers see the that the by point surf assumably this has got to
Go back down towards of 1185 yes I’d say Leavitt 1175 1185 that is the first of all area we’ve been up to that sort of 12 or 1215 ish that way where r if you remember on the move down 1250 was the level that that held
It up for a long time we had a foolish break once in it and then but once it convincingly broke 1250 that was when we saw gold then take another leg down I have to admit I think Goldie struggling to get oh sorry will struggle to get
Much above 1230 if it rallied at all now but i think it’s found its first level that took 12 15 12 20 that is the first level you know for the seller’s become in and same again I’ve got for the moment where we were approached with
Approach the top end of the new little range and I think like the out levels like say probably 1160 1225 for the time being let’s go on to the next situation where I suppose it looks as though they’ve got decent support towards 141 yeah decent support but you know my
Coming at the moment the euros found some shrimp from somewhere where I don’t know and I basically I think what it is I think what we’ve seen is is bunch of a few people we we broke through that sort of 10 for 20 30 area you know went down
Towards low 10 threes and I think people thought right that’s it next leg parities on the way but obviously with bounce back and it’s holding up and performing very well at the moment all right he added rallied only once when I was 6 30 euros dollar but what was good
At the moment is the Australian dollar is is unfriendly towards the Australian dollar and obviously with the gold rally with bad you know with 75mm aussie dollar I think there’s possibility that this also euro of the trade lower still if that takes those laws out there I
Think we’re being for the next leg down there probably another I have five or six hundred points below but I don’t think this looks very very good at the moment it’s another one I think there’s a lot of downside room for euro oddly ok let’s look to the next situation that is
A lot of situation but to aussie a new zealand dollar and yeah i mean I’ll be quite really he’s just purely looking at that chart I’d agree with everything he’s got written on there that I actually he hasn’t come you know complicate the chart simple you know support resistance and it’s broken down
Trending you know down training diagonal and and I think what he’s written on that chart is probably exactly what i would do there I that that’s my colleagues are full marks for the game over yeah I mean actually we’re you know creating another leg higher I think you
Have to be careful at mum because what we’re seeing is we’re trading by at the moment and you know I think we saw when Trump to send a couple of days ago you know the market is crazy at them I make brilliant we’re still early Jane this
Does the market still not everyone still not back and and a lot of good long get involved at the moment which is why we’re seeing the moves we are but but the markets are fantastic at the moment and you know pre-empting that next move
Up is you know if you know not be called back by it you know from here we can actually if it drops through that’s a bull then head back down to that that’s diagonal and but yeah like that chil well on that note of finishing with it
With a flourish he would coccyx trailer thank you very much for helping us through trading view you
