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► 29 Jul 2019 – 📈 Weekly Trading Analysis 💸
Arb trader dives into the potential for movement in Litecoin with only 6 days to go until the halving. Could we see a latent rally as markets adjust to the restriction on supply?
Ali also takes a look at the potential movement in Bitcoin. Are we going to test the $9,000 support level? Breaking through the support level could see the price moving down to the 200 day moving average.
On the Forex side, the Pound is taking a beating. Boris Johnson is the new PM and Brexit looks like it could be near certainty. GBPUSD has broken through a number of support levels and is on trend to continue.
Euro dollar remains in a sideways as it keeps testing the 1.1122 resistance level. Ali takes a look at potential levels to watch for stronger movements.
► Warning!! ⚡️
Trading Forex & Cryptocurrency is very risky. Make sure that you practice adequate risk management to protect your account.
► Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading Forex, cryptocurrencies and CFDs poses considerable risk of loss. The speaker does not guarantee any particular outcome. Past performance does not indicate future results. Open CDPs at your own risk!
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