Market Outlook 22/03/21

US equities were treated to a week full of fundamentals as we had an FOMC meeting which could be the catalyst to send the stock market on its way to new all time highs or could be the catalyst to send tech stocks even lower. Last week saw Fed Chairman Jerome Powell come out andContinue reading “Market Outlook 22/03/21”

GBP/USD – FINALLY SOME RESISTANCE?

Today I’m going to be speaking about the Pound and the huge influx of bullish momentum we’ve seen in the past weeks. I’m also going to dive a bit deeper into why we’ve seen such a strong bullish push across the board with the Pound.  The first theme I’ll be covering is Brexit. The dealContinue reading “GBP/USD – FINALLY SOME RESISTANCE?”

EUR/NZD – Downward Targets Achieved

Since the previous blog post on this currency pair, we’ve seen both downward targets of 1.70350 and 1.69900 achieved. Below we’ll take a look at how price played out from the previous blogs analysis. Looking at the 1 hour time frame above from the previous blog post, we can see that I was anticipating aContinue reading “EUR/NZD – Downward Targets Achieved”

EUR/NZD – Technical Analysis

With the post Brexit deal still proving to be elusive as well as Europe experiencing their second wave of coronavirus, the euro has been experiencing a lot of downward pressure when compared to the Kiwi dollar. Looking on the daily time frame, we can see how using the double bodies on this time frame helpsContinue reading “EUR/NZD – Technical Analysis”

EUR/NZD – Euro Risk Remains

Europe is turning to mass testing to contain the pandemic that has forced nations into lockdowns which cannot be sustained. Over the course of the past weekend, Slovakia attempted to test its entire adult population and the surrounding nations are looking to follow suit. On the 4-hour time frame, with the same fib placed asContinue reading “EUR/NZD – Euro Risk Remains”

USOIL – The Bulls Are Back

Good day and welcome back to another article from AspireFX. Over the course of the last month, USOIL has rebounded from below $0 a barrel and is now trading above the $30 mark. From a statistical stand point, this is nearly a 50% recovery since the beginning of 2020, where USOIL was $65 per barrel.Continue reading “USOIL – The Bulls Are Back”

GBP/AUD – Major Sell Off On The Pound

Welcome back to another article from AspireFX. Today we are looking at the past movements on GBPAUD and where price could potentially head next. Starting on the weekly timeframe, we can see after a clear break of 1.95000 we had indecision printing a doji candle with properties of a bullish hammer. Since then we haveContinue reading “GBP/AUD – Major Sell Off On The Pound”