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GBPJPY – SPOT
Price Action: No relevant price action to note currently.
Potential Trade Idea: We are considering buying on weakness whilst price remains above 148.55 major support, and/or after a price action buy signal to confirm a potential entry.
NOTE – You can trade Spot GBPJPY via the trading platform we use HERE.
GOLD – SPOT
Price Action: 2 successive Bearish Long Tailed Pin Bar signals formed recently (in line with trend).
Potential Trade Idea: We are considering selling whilst price remains under the 1808 to 1834 resistance area, and/or after a price action sell signal to confirm a potential entry.
NOTE – You can trade Spot GOLD via the trading platform we use HERE.
S & P 500 – CASH
Price Action: A Bullish Multi Bar Fakey Setup triggered a move higher last week.
Potential Trade Idea: We are considering buying whilst price remains above the 4484 to 4550 support area, and/or after a price action buy signal to confirm a potential entry.
NOTE – You can trade S & P 500 cash via the trading platform we use HERE.
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Chart Commentary Disclaimer: Nial Fuller’s and Learn To Trade The Market’s analysis and comments below should not be considered financial advice or a recommendation to trade or invest in any financial product. Your personal financial circumstances and risk limits have not been taken into consideration in the below analysis and comments. This newsletter is for general educational purposes only. Do not blindly buy and sell the financial products discussed in this newsletter. Always do your own analysis and research and be expressly aware of the risks and rewards in trading or investing in any financial product.