Swing Trading ideas - page 53

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New trades will be posted from tomorrow
 
Last day of the week and the month lets make as much as we can before the new month starts 
 
you can download the image and then you can copy & paste it
 
Two trades as of now
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2021-10-29_11-07.jpg  141 kb
2021-10-29_11-10.jpg  172 kb
 
New trades new week soon
 
The New Zealand dollar has shown active gains against the US currency during the Asian session, recovering from a noticeable decline at the end of last week, as a result of which NZD/USD renewed its local lows from October 18.

A noticeable pressure on the positions of the New Zealand currency last Friday was exerted by the published report on the US labor market for October. Investors were encouraged by the data on the growth of Nonfarm Payrolls by 531K in October after an increase of 312K in September. Market forecasts assumed an increase of only 425K. The Unemployment Rate in October fell from 4.8% to 4.6%, which also turned out to be better than the projected 4.7%.

Analysts hope that strong macroeconomic statistics will support the US Fed in its intention to tighten monetary policy. However, the growth of rates is still questionable not only for the American regulator, but also for the Bank of England, as well as the European Central Bank.
 
Euro is over sold around the board get ready for bull entry
 

US futures dropping causing market volatility

 
new virus variant is cause of caution in the markets
 
Fibonacci retracements. The Fibonacci retracement pattern can be used to help traders identify support and resistance levels, and therefore possible reversal levels on stock charts!
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