The USD remains in the lead
The market conditions are still unchanged and yesterday's announced measures of the US government
helps to stabilize the US economy which, of course, leads to a strong USD.
FX Power and FX Volume show clearly how strong the USD is and how it developed during the last hours and days.
Due to the fact, that this US stimulative package is far beyond every expectation,
and none of the other economic regions committed steps of that size,
we expect this USD uptrend to continue for, at least the next days, if not weeks.
Besides this global aspect, we'd like to provide a brief update for our trade recommendations of this week
Just to demonstrate how efficient our trade selection method is and how easy it is for everyone
to benefit from the current market volatility by following our advice and trade recommendations.
GBP and CHF mentioned in our market analysis on Monday
GBPCHF +158 Pips
EURGBP +121 Pips
CADCHF +103 Pips
and the results from our yesterday's analysis about the USD
AUDUSD +187 Pips
USDCAD +393 Pips
GBPUSD +234 Pips
Find the right trading opportunities day by day!
(and learn when to better stay out as well)
1. Visit https://www.mql5.com/en/blogs/post/677671
2. Have a look at our free News Channel -> https://t.me/STEIN_INVESTMENTS_NEWS
Study the published articles in detail to learn how to spot great trading opportunities.
Besides the advantage of professional in-depth market analysis provided by my tools,
you'll get access to an exclusive group of skilled and successful traders who are willing
to share their experience and trades with anyone interested.
It takes just two steps to become part of our great and successful community
1. Get your toolset at https://www.mql5.com/en/users/blueball/seller
2. Send proof of your purchase to https://t.me/SteinInvestments
and you'll get your invitation to our amazing group chat
All the best and happy trading
Daniel
